Today we will analyze the stock ZENG HSING INDL CO TWD10 (1558.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ZENG HSING INDL CO TWD10 (1558.TWO)
1- Last bullish trend was from 155.00 $ (2/5/2014) to 180.00 $ (3/5/2014) a 25.00 $ move 2- The current bearish trend started from 180.00 $ at 3/5/2014 and is currently trading at 168.50 $.
3- 1558.TWO current support level is at 167.50 which is the 50.00 % fibonacci retracement of the last 25.00 $ move.
4- 1558.TWO current resistance level is at 170.45 which is the 38.20 % fibonacci retracement of the last 25.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ZENG HSING INDL CO TWD10 (1558.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 155.000 and 153.000, and is currently supporting at 158.538.
ZENG HSING INDL CO TWD10 (1558.TWO) Mid term stock chart patterns for internet stock trading :

None.
ZENG HSING INDL CO TWD10 (1558.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 153.000 and 137.500, and is currently supporting at 159.000.

Stock Trading Conclusion:
ZENG HSING INDL CO TWD10 (1558.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 170.45, 171.21, 172.89, 174.10, 174.25, 175.61, 180.00,.
Stock Support levels : 167.50, 164.55, 159.00, 158.54, 155.00, 148.20,.