Today we will analyze the stock SINYI REALTY INC. TWD10 (9940.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in SINYI REALTY INC. TWD10 (9940.TW)
1- Last bearish trend was from 47.20 $ (4/17/2012) to 43.10 $ (4/24/2012) a 4.10 $ move 2- The current bullish trend started from 43.10 $ at 4/24/2012 and is currently trading at 44.10 $.
3- 9940.TW current support level is at 44.07 which is the 23.60 % fibonacci retracement of the last 4.10 $ move.
4- 9940.TW current resistance level is at 44.67 which is the 38.20 % fibonacci retracement of the last 4.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SINYI REALTY INC. TWD10 (9940.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 43.100 .
7- The Stock formed a 5.900 $ height triangle.
SINYI REALTY INC. TWD10 (9940.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 13.200 $ height triangle which was broken down at 44.300 in higher than usual volume, target of the pattern is 31.100.
SINYI REALTY INC. TWD10 (9940.TW) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 43.000 and 35.700 that was broken down at 44.300 transforming into a resistance line.

Stock Trading Conclusion:
SINYI REALTY INC. TWD10 (9940.TW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 44.67, 45.15, 45.25, 45.63, 47.20, 48.32, 49.73.
Stock Support levels : 44.07, 43.86, 43.72, 43.60, 43.48, 43.16, 43.10,.