Today we will analyze the stock TAIWAN PROSPERITY TWD10 (4725.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in TAIWAN PROSPERITY TWD10 (4725.TW)
1- Last bearish trend was from 75.60 $ (4/6/2012) to 69.20 $ (4/27/2012) a 6.40 $ move 2- The current bullish trend started from 69.20 $ at 4/27/2012 and is currently trading at 71.10 $.
3- 4725.TW current support level is at 70.71 which is the 23.60 % fibonacci retracement of the last 6.40 $ move.
4- 4725.TW current resistance level is at 71.64 which is the 38.20 % fibonacci retracement of the last 6.40 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
TAIWAN PROSPERITY TWD10 (4725.TW) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 75.600 and 87.900 that was broken up at 74.000 transforming into a supporting line.
TAIWAN PROSPERITY TWD10 (4725.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 79.000 and 58.500 that was broken down at 84.800 transforming into a resistance line.
TAIWAN PROSPERITY TWD10 (4725.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 87.900 and 108.000, and is currently resisting at 82.875.

Stock Trading Conclusion:
TAIWAN PROSPERITY TWD10 (4725.TW) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 71.64, 72.40, 73.16, 75.60, 77.34, 79.56, 82.88, 98.16.
Stock Support levels : 70.71, 70.65, 70.37, 70.15, 69.93, 69.20,.