Today we will analyze the stock TAIWAN HON CHUAN E TWD10 (9939.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in TAIWAN HON CHUAN E TWD10 (9939.TW)
1- Last bearish trend was from 67.80 $ (4/25/2012) to 64.90 $ (4/27/2012) a 2.90 $ move 2- The current bullish trend started from 64.90 $ at 4/27/2012 and is currently trading at 67.60 $.
3- 9939.TW current support level is at 66.69 which is the 61.80 % fibonacci retracement of the last 2.90 $ move.
4- 9939.TW current resistance level is at 67.80 which is the 100.00 % fibonacci retracement of the last 2.90 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TAIWAN HON CHUAN E TWD10 (9939.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 9.200 $ height triangle which was broken up at 68.700 in higher than usual volume, target of the pattern is 77.900.
TAIWAN HON CHUAN E TWD10 (9939.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 61.000 and 53.500, and is currently supporting at 62.771.
TAIWAN HON CHUAN E TWD10 (9939.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 61.000 and 53.500, and is currently supporting at 62.771.

Stock Trading Conclusion:
TAIWAN HON CHUAN E TWD10 (9939.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 : 67.80, 68.59, 69.59, 77.90.
Stock Support levels : 67.29, 66.96, 66.69, 66.57, 66.35, 66.25, 66.01, 65.93, 65.58, 64.90, 62.77,.