Today we will analyze the stock MAG LAYERS SCIENTI TWD10 (3068.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MAG LAYERS SCIENTI TWD10 (3068.TWO)
1- Last bullish trend was from 43.10 $ (2/14/2014) to 48.30 $ (2/20/2014) a 5.20 $ move 2- The current bearish trend started from 48.30 $ at 2/20/2014 and is currently trading at 44.75 $.
3- 3068.TWO current support level is at 43.10 which is the 100.00 % fibonacci retracement of the last 5.20 $ move.
4- 3068.TWO current resistance level is at 45.09 which is the 61.80 % fibonacci retracement of the last 5.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MAG LAYERS SCIENTI TWD10 (3068.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 48.300 and 49.300, and is currently resisting at 47.913.
MAG LAYERS SCIENTI TWD10 (3068.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 48.300 and 49.300, and is currently resisting at 47.913.
MAG LAYERS SCIENTI TWD10 (3068.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 49.300 and 52.100, and is currently resisting at 47.224.

Stock Trading Conclusion:
MAG LAYERS SCIENTI TWD10 (3068.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 45.09, 45.59, 45.70, 46.11, 46.31, 46.53, 46.94, 47.07, 47.22, 47.91, 48.30,.
Stock Support levels : 43.10, 41.69,.