Today we will analyze the stock CHANT SINCERE CO TWD10 (6205.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in CHANT SINCERE CO TWD10 (6205.TW)
1- Last bearish trend was from 16.00 $ (4/20/2012) to 15.30 $ (4/30/2012) a 0.70 $ move 2- The current bullish trend started from 15.30 $ at 4/30/2012 and is currently trading at 16.20 $.
3- 6205.TW current support level is at 16.19 which is the 127.20 % fibonacci retracement of the last 0.70 $ move.
4- 6205.TW current resistance level is at 16.43 which is the 161.80 % fibonacci retracement of the last 0.70 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHANT SINCERE CO TWD10 (6205.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.850 $ height triangle which was broken up at 15.800 in higher than usual volume, target of the pattern is 18.650.
CHANT SINCERE CO TWD10 (6205.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 15.150 and 14.900, and is currently supporting at 15.219.
CHANT SINCERE CO TWD10 (6205.TW) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 14.900 .

Stock Trading Conclusion:
CHANT SINCERE CO TWD10 (6205.TW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 16.43, 17.95, 18.65.
Stock Support levels : 16.19, 16.00, 15.99, 15.86, 15.75, 15.73, 15.65, 15.64, 15.57, 15.47, 15.31, 15.30, 15.22,.