Today we will analyze the stock WAYI INTL DIGITAL TWD10 (3086.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in WAYI INTL DIGITAL TWD10 (3086.TWO)
1- Last bearish trend was from 22.40 $ (4/16/2012) to 20.50 $ (4/27/2012) a 1.90 $ move 2- The current bullish trend started from 20.50 $ at 4/27/2012 and is currently trading at 21.90 $.
3- 3086.TWO current support level is at 21.67 which is the 61.80 % fibonacci retracement of the last 1.90 $ move.
4- 3086.TWO current resistance level is at 22.40 which is the 100.00 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WAYI INTL DIGITAL TWD10 (3086.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 20.500 and 19.900, and is currently supporting at 20.688.
WAYI INTL DIGITAL TWD10 (3086.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 6.700 $ height triangle which was broken up at 22.400 in higher than usual volume, target of the pattern is 29.100.
WAYI INTL DIGITAL TWD10 (3086.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 19.900 and 17.400, and is currently supporting at 20.695.

Stock Trading Conclusion:
WAYI INTL DIGITAL TWD10 (3086.TWO) was trading in a bearish wave, which is becoming weaker .
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 : 22.40, 22.92, 23.57, 29.10.
Stock Support levels : 21.67, 21.57, 21.45, 21.37, 21.23, 21.20, 21.03, 20.95, 20.77, 20.70, 20.69, 20.50,.