Today we will analyze the stock HOLA HOME FURNISHI TWD10 (2921.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HOLA HOME FURNISHI TWD10 (2921.TWO)
1- Last bullish trend was from 22.50 $ (9/18/2009) to 23.25 $ (9/22/2009) a 0.75 $ move 2- The current bearish trend started from 23.25 $ at 9/22/2009 and is currently trading at 22.30 $.
3- 2921.TWO current support level is at 22.30 which is the 127.20 % fibonacci retracement of the last 0.75 $ move.
4- 2921.TWO current resistance level is at 22.50 which is the 100.00 % fibonacci retracement of the last 0.75 $ move.
5- 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.
HOLA HOME FURNISHI TWD10 (2921.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 23.250 and 27.700 that was broken up at 22.300 transforming into a supporting line.
HOLA HOME FURNISHI TWD10 (2921.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 24.100 and 21.300 that was broken down at 24.200 transforming into a resistance line.
HOLA HOME FURNISHI TWD10 (2921.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 13.500 and 12.150, and is currently supporting at 18.747.

Stock Trading Conclusion:
HOLA HOME FURNISHI TWD10 (2921.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 22.50, 22.52, 22.66, 22.77, 22.79, 22.88, 22.89, 22.96, 23.07, 23.25, 32.03.
Stock Support levels : 22.30, 22.04, 18.75,.