Today we will analyze the stock ACARD TECHNOLOGY TWD10 (3126.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ACARD TECHNOLOGY TWD10 (3126.TWO)
1- Last bearish trend was from 11.40 $ (3/5/2014) to 10.65 $ (3/7/2014) a 0.75 $ move 2- The current bullish trend started from 10.65 $ at 3/7/2014 and is currently trading at 11.20 $.
3- 3126.TWO current support level is at 11.11 which is the 61.80 % fibonacci retracement of the last 0.75 $ move.
4- 3126.TWO current resistance level is at 11.40 which is the 100.00 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ACARD TECHNOLOGY TWD10 (3126.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 11.400 .
7- The Stock formed a 0.950 $ height triangle.
ACARD TECHNOLOGY TWD10 (3126.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 11.400 .
9- The Stock formed a 1.150 $ height triangle.
ACARD TECHNOLOGY TWD10 (3126.TWO) Long term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 10.250 and 6.100 that was broken down at 10.650 transforming into a resistance line.

Stock Trading Conclusion:
ACARD TECHNOLOGY TWD10 (3126.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 11.40, 11.60, 11.60, 11.86.
Stock Support levels : 11.11, 11.07, 11.02, 10.99, 10.94, 10.92, 10.86, 10.83, 10.65,.