Today we will analyze the stock MUNSIN GARMENT CO TWD10 (2916.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MUNSIN GARMENT CO TWD10 (2916.TWO)
1- Last bearish trend was from 16.00 $ (9/30/2013) to 15.30 $ (10/25/2013) a 0.70 $ move 2- The current bullish trend started from 15.30 $ at 10/25/2013 and is currently trading at 17.50 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
MUNSIN GARMENT CO TWD10 (2916.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.670 $ height triangle which was broken up at 15.950 in higher than usual volume, target of the pattern is 17.620.
MUNSIN GARMENT CO TWD10 (2916.TWO) Mid term stock chart patterns for internet stock trading :

None.
MUNSIN GARMENT CO TWD10 (2916.TWO) Long term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 18.820 and 19.150, and is currently resisting at 18.087.

Stock Trading Conclusion:
MUNSIN GARMENT CO TWD10 (2916.TWO) was trading in a strong bearish wave, which is becoming stronger .
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 : 17.62, 18.09.
Stock Support levels : 16.98, 16.66, 16.40, 16.14, 15.30,.