Today we will analyze the stock TAIWAN KONG KING C TWD10 (3093.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN KONG KING C TWD10 (3093.TWO)
1- Last bearish trend was from 45.85 $ (2/7/2014) to 43.10 $ (2/13/2014) a 2.75 $ move 2- The current bullish trend started from 43.10 $ at 2/13/2014 and is currently trading at 44.40 $.
3- 3093.TWO current support level is at 44.15 which is the 38.20 % fibonacci retracement of the last 2.75 $ move.
4- 3093.TWO current resistance level is at 44.47 which is the 50.00 % fibonacci retracement of the last 2.75 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TAIWAN KONG KING C TWD10 (3093.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 43.100 and 39.000, and is currently supporting at 44.140.
TAIWAN KONG KING C TWD10 (3093.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 39.000 .
8- The Stock formed a 4.130 $ height triangle which was broken up at 42.600 in higher than usual volume, target of the pattern is 46.730.
TAIWAN KONG KING C TWD10 (3093.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 43.040 and 47.300 that was broken up at 39.700 transforming into a supporting line.

Stock Trading Conclusion:
TAIWAN KONG KING C TWD10 (3093.TWO) was trading in a bullish 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 : 44.47, 44.80, 45.85, 46.60, 46.73, 47.55.
Stock Support levels : 44.15, 44.14, 44.09, 43.90, 43.75, 43.75, 43.60, 43.10, 41.58, 39.08,.