Today we will analyze the stock TAIWAN CHI CHENG E TWD10 (3095.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN CHI CHENG E TWD10 (3095.TWO)
1- Last bullish trend was from 5.88 $ (2/19/2014) to 6.18 $ (2/24/2014) a 0.30 $ move 2- The current bearish trend started from 6.18 $ at 2/24/2014 and is currently trading at 5.96 $.
3- 3095.TWO current support level is at 5.88 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
4- 3095.TWO current resistance level is at 5.99 which is the 61.80 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TAIWAN CHI CHENG E TWD10 (3095.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 6.180 and 6.500, and is currently resisting at 6.035.
TAIWAN CHI CHENG E TWD10 (3095.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 5.310 .
TAIWAN CHI CHENG E TWD10 (3095.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.450 $ height triangle.

Stock Trading Conclusion:
TAIWAN CHI CHENG E TWD10 (3095.TWO) was trading in a bearish wave, which is becoming stronger .
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 : 5.99, 6.01, 6.03, 6.03, 6.04, 6.07, 6.07, 6.10, 6.11, 6.18,.
Stock Support levels : 5.88, 5.80, 5.69,.