Today we will analyze the stock BIONET CORP TWD10 (1784.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in BIONET CORP TWD10 (1784.TWO)
1- Last bearish trend was from 47.50 $ (12/30/2013) to 43.40 $ (2/4/2014) a 4.10 $ move 2- The current bullish trend started from 43.40 $ at 2/4/2014 and is currently trading at 52.50 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BIONET CORP TWD10 (1784.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 47.500 and 48.700 that was broken up at 46.700 transforming into a supporting line.
BIONET CORP TWD10 (1784.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 47.500 and 48.700 that was broken up at 46.700 transforming into a supporting line.
BIONET CORP TWD10 (1784.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 9.600 $ height triangle which was broken up at 48.200 in higher than usual volume, target of the pattern is 57.800.

Stock Trading Conclusion:
BIONET CORP TWD10 (1784.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 57.80.
Stock Support levels : 50.35, 49.02, 47.95, 46.88, 46.66, 45.43,.