Today we will analyze the stock GENMONT BIOTECH TWD10 (3164.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in GENMONT BIOTECH TWD10 (3164.TWO)
1- Last bearish trend was from 91.80 $ (3/8/2010) to 88.00 $ (3/9/2010) a 3.80 $ move 2- The current bullish trend started from 88.00 $ at 3/9/2010 and is currently trading at 102.00 $.
3- According to ADX Indicator, the trend is currently strong 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.
GENMONT BIOTECH TWD10 (3164.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 88.000 and 63.800,resistance between 91.800 and 70.200, the stock channel is currently supported from below by 101.829 and resisted from above by 104.760.
GENMONT BIOTECH TWD10 (3164.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 10.000 $ height triangle which was broken up at 71.200 in higher than usual volume, target of the pattern is 81.200.
GENMONT BIOTECH TWD10 (3164.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 10.000 $ height triangle which was broken up at 71.200 in higher than usual volume, target of the pattern is 81.200.

Stock Trading Conclusion:
GENMONT BIOTECH TWD10 (3164.TWO) was trading in a strong 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 : 98.70, 96.65, 95.00, 93.35, 88.00, 65.18,.