Today we will analyze the stock HOWTECH TECHNOLOGY TWD10 (3114.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HOWTECH TECHNOLOGY TWD10 (3114.TWO)
1- Last bullish trend was from 11.85 $ (2/5/2014) to 13.50 $ (3/5/2014) a 1.65 $ move 2- The current bearish trend started from 13.50 $ at 3/5/2014 and is currently trading at 12.95 $.
3- 3114.TWO current support level is at 12.87 which is the 38.20 % fibonacci retracement of the last 1.65 $ move.
4- 3114.TWO current resistance level is at 13.11 which is the 23.60 % fibonacci retracement of the last 1.65 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
HOWTECH TECHNOLOGY TWD10 (3114.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 11.850 .
HOWTECH TECHNOLOGY TWD10 (3114.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 12.950 and 13.060 that was broken up at 12.950 transforming into a supporting line.
HOWTECH TECHNOLOGY TWD10 (3114.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 12.950 and 13.590 that was broken up at 12.700 transforming into a supporting line.

Stock Trading Conclusion:
HOWTECH TECHNOLOGY TWD10 (3114.TWO) was trading in a strong bullish 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 : 13.08, 13.11, 13.16, 13.23, 13.29, 13.50,.
Stock Support levels : 12.87, 12.86, 12.68, 12.55, 12.48, 11.85, 11.84, 11.83, 11.81, 11.40,.