Today we will analyze the stock JINTEX CORPORATION TWD10 (1787.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in JINTEX CORPORATION TWD10 (1787.TWO)
1- Last bearish trend was from 19.10 $ (1/10/2014) to 16.95 $ (2/5/2014) a 2.15 $ move 2- The current bullish trend started from 16.95 $ at 2/5/2014 and is currently trading at 17.95 $.
3- 1787.TWO current support level is at 17.77 which is the 38.20 % fibonacci retracement of the last 2.15 $ move.
4- 1787.TWO current resistance level is at 18.03 which is the 50.00 % fibonacci retracement of the last 2.15 $ move.
5- According to ADX Indicator, the trend is currently 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.
6- Bearish Divergance in MACD Indicator .
JINTEX CORPORATION TWD10 (1787.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 19.100 and 19.350, and is currently resisting at 17.961.
JINTEX CORPORATION TWD10 (1787.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 4.000 $ height triangle.
JINTEX CORPORATION TWD10 (1787.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 5.890 $ height triangle.

Stock Trading Conclusion:
JINTEX CORPORATION TWD10 (1787.TWO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 17.96, 18.03, 18.28, 19.10, 19.68, 20.43.
Stock Support levels : 17.77, 17.71, 17.57, 17.46, 17.45, 17.33, 16.95,.