Today we will analyze the stock JAAN CHERNG TECHNO TWD10 (3089.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in JAAN CHERNG TECHNO TWD10 (3089.TWO)
1- Last bearish trend was from 46.00 $ (2/21/2014) to 44.40 $ (2/28/2014) a 1.60 $ move 2- The current bullish trend started from 44.40 $ at 2/28/2014 and is currently trading at 53.40 $.
3- According to ADX Indicator, the trend is currently 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.
JAAN CHERNG TECHNO TWD10 (3089.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 44.400 .
5- The Stock formed a 2.850 $ height triangle which was broken up at 46.150 in higher than usual volume, target of the pattern is 49.000.
JAAN CHERNG TECHNO TWD10 (3089.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 44.400 and 35.300,resistance between 47.400 and 38.000 which was broken up at 51.900.
JAAN CHERNG TECHNO TWD10 (3089.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 35.300 and 33.650, and is currently supporting at 36.850.

Stock Trading Conclusion:
JAAN CHERNG TECHNO TWD10 (3089.TWO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : .
Stock Support levels : 51.28, 50.95, 49.96, 48.90, 47.84, 44.40, 44.29, 44.29,.