Today we will analyze the stock HANNSTAR DISPLAY C TWD10 (6116.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in HANNSTAR DISPLAY C TWD10 (6116.TW)
1- Last bullish trend was from 2.70 $ (4/27/2012) to 3.09 $ (5/3/2012) a 0.39 $ move 2- The current bearish trend started from 3.09 $ at 5/3/2012 and is currently trading at 2.95 $.
3- 6116.TW current support level is at 2.94 which is the 38.20 % fibonacci retracement of the last 0.39 $ move.
4- 6116.TW current resistance level is at 3.00 which is the 23.60 % fibonacci retracement of the last 0.39 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
HANNSTAR DISPLAY C TWD10 (6116.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.540 $ height triangle.
HANNSTAR DISPLAY C TWD10 (6116.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.700 and 2.560, and is currently supporting at 2.744.
HANNSTAR DISPLAY C TWD10 (6116.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.700 and 2.560, and is currently supporting at 2.744.

Stock Trading Conclusion:
HANNSTAR DISPLAY C TWD10 (6116.TW) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.98, 3.00, 3.00, 3.02, 3.04, 3.09,.
Stock Support levels : 2.94, 2.89, 2.85, 2.74, 2.70, 2.59,.