Today we will analyze the stock PHONIC CORPORATION TWD10 (3067.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PHONIC CORPORATION TWD10 (3067.TWO)
1- Last bullish trend was from 17.60 $ (2/26/2014) to 22.50 $ (3/5/2014) a 4.90 $ move 2- The current bearish trend started from 22.50 $ at 3/5/2014 and is currently trading at 19.85 $.
3- 3067.TWO current support level is at 19.47 which is the 61.80 % fibonacci retracement of the last 4.90 $ move.
4- 3067.TWO current resistance level is at 20.05 which is the 50.00 % fibonacci retracement of the last 4.90 $ 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.
PHONIC CORPORATION TWD10 (3067.TWO) Short term stock chart patterns for internet stock trading :

None.
PHONIC CORPORATION TWD10 (3067.TWO) Mid term stock chart patterns for internet stock trading :

None.
PHONIC CORPORATION TWD10 (3067.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PHONIC CORPORATION TWD10 (3067.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 : 20.05, 20.48, 20.63, 20.86, 21.17, 21.34, 21.49, 22.50,.
Stock Support levels : 19.47, 17.60, 16.27,.