Today we will analyze the stock SYN-TECH CHEM and PHAR TWD10 (1777.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SYN-TECH CHEM and PHAR TWD10 (1777.TWO)
1- Last bearish trend was from 57.30 $ (12/6/2013) to 54.70 $ (1/17/2014) a 2.60 $ move 2- The current bullish trend started from 54.70 $ at 1/17/2014 and is currently trading at 57.90 $.
3- 1777.TWO current support level is at 57.30 which is the 100.00 % fibonacci retracement of the last 2.60 $ move.
4- 1777.TWO current resistance level is at 58.01 which is the 127.20 % fibonacci retracement of the last 2.60 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SYN-TECH CHEM and PHAR TWD10 (1777.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 54.700 .
7- The Stock formed a 3.300 $ height triangle which was broken up at 57.500 in higher than usual volume, target of the pattern is 60.800.
SYN-TECH CHEM and PHAR TWD10 (1777.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 61.700 and 64.800 that was broken up at 57.300 transforming into a supporting line.
SYN-TECH CHEM and PHAR TWD10 (1777.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 52.320 and 43.760 that was broken down at 58.000 transforming into a resistance line.

Stock Trading Conclusion:
SYN-TECH CHEM and PHAR TWD10 (1777.TWO) 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 : 58.01, 58.91, 60.80, 64.90.
Stock Support levels : 57.30, 57.14, 56.68, 56.31, 56.30, 56.00, 55.92, 55.69, 55.48, 55.31, 54.70, 54.66, 54.64, 54.62,.