Today we will analyze the stock DYNAPACK INTL TECH TWD10 (3211.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in DYNAPACK INTL TECH TWD10 (3211.TWO)
1- Last bullish trend was from 71.20 $ (11/25/2013) to 85.60 $ (1/8/2014) a 14.40 $ move 2- The current bearish trend started from 85.60 $ at 1/8/2014 and is currently trading at 77.40 $.
3- 3211.TWO current support level is at 76.70 which is the 61.80 % fibonacci retracement of the last 14.40 $ move.
4- 3211.TWO current resistance level is at 78.40 which is the 50.00 % fibonacci retracement of the last 14.40 $ move.
5- According to ADX Indicator, the trend is currently bearish, 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.
6- Bullish Divergance in MACD Indicator .
DYNAPACK INTL TECH TWD10 (3211.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 85.600 .
DYNAPACK INTL TECH TWD10 (3211.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 85.600 .
DYNAPACK INTL TECH TWD10 (3211.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 85.600 .

Stock Trading Conclusion:
DYNAPACK INTL TECH TWD10 (3211.TWO) was trading in a bearish wave, which is becoming stronger .
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 : 78.40, 79.34, 80.10, 80.53, 81.50, 82.20, 82.47, 85.60, 85.69, 85.73, 85.77,.
Stock Support levels : 76.70, 71.20, 67.28,.