Today we will analyze the stock PROTOP TECHNOLOGY TWD10 (2410.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PROTOP TECHNOLOGY TWD10 (2410.TWO)
1- Last bullish trend was from 0.42 $ (3/23/2009) to 0.44 $ (3/24/2009) a 0.02 $ move 2- The current bearish trend started from 0.44 $ at 3/24/2009 and is currently trading at 0.22 $.
3- According to ADX Indicator, the trend is currently bearish, 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.
PROTOP TECHNOLOGY TWD10 (2410.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.070 $ height triangle which was broken down at 0.410 in higher than usual volume, target of the pattern is 0.340.
PROTOP TECHNOLOGY TWD10 (2410.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.350 and 0.340 that was broken down at 0.360 transforming into a resistance line.
PROTOP TECHNOLOGY TWD10 (2410.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.350 and 0.340 that was broken down at 0.360 transforming into a resistance line.

Stock Trading Conclusion:
PROTOP TECHNOLOGY TWD10 (2410.TWO) was trading in a bearish 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 : 0.272, 0.304, 0.330, 0.356, 0.378, 0.440, 0.540.
Stock Support levels :.