Today we will analyze the stock ITEQ CORP TWD10 (6213.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in ITEQ CORP TWD10 (6213.TW)
1- Last bearish trend was from 33.95 $ (4/13/2012) to 31.50 $ (4/24/2012) a 2.45 $ move 2- The current bullish trend started from 31.50 $ at 4/24/2012 and is currently trading at 33.25 $.
3- 6213.TW current support level is at 33.01 which is the 61.80 % fibonacci retracement of the last 2.45 $ move.
4- 6213.TW current resistance level is at 33.95 which is the 100.00 % fibonacci retracement of the last 2.45 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ITEQ CORP TWD10 (6213.TW) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 33.950 and 36.600 that was broken up at 33.350 transforming into a supporting line.
ITEQ CORP TWD10 (6213.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 33.950 and 36.600 that was broken up at 33.350 transforming into a supporting line.
ITEQ CORP TWD10 (6213.TW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ITEQ CORP TWD10 (6213.TW) was trading in a bearish 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 : 33.95, 34.62, 35.46.
Stock Support levels : 33.01, 32.84, 32.72, 32.58, 32.44, 32.38, 32.22, 32.17, 32.08, 31.50,.