Today we will analyze the stock HOLTEK SEMICONDUCT TWD10 (6202.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in HOLTEK SEMICONDUCT TWD10 (6202.TW)
1- Last bearish trend was from 36.45 $ (3/26/2012) to 34.50 $ (4/25/2012) a 1.95 $ move 2- The current bullish trend started from 34.50 $ at 4/25/2012 and is currently trading at 35.15 $.
3- 6202.TW current support level is at 34.96 which is the 23.60 % fibonacci retracement of the last 1.95 $ move.
4- 6202.TW current resistance level is at 35.24 which is the 38.20 % fibonacci retracement of the last 1.95 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
HOLTEK SEMICONDUCT TWD10 (6202.TW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 34.500 and 31.400, and is currently supporting at 35.029.
HOLTEK SEMICONDUCT TWD10 (6202.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 30.650 and 25.050,resistance between 33.000 and 27.600 which was broken down at 34.950 in higher than usual volume.
HOLTEK SEMICONDUCT TWD10 (6202.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 31.300 and 44.650 that was broken up at 29.000 transforming into a supporting line.

Stock Trading Conclusion:
HOLTEK SEMICONDUCT TWD10 (6202.TW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 35.24, 35.47, 35.71, 36.45, 36.98, 37.66, 38.89.
Stock Support levels : 35.03, 35.00, 34.96, 34.90, 34.83, 34.75, 34.50,.