Today we will analyze the stock ARGOSY RESEARCH TWD10 (3217.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ARGOSY RESEARCH TWD10 (3217.TWO)
1- Last bullish trend was from 15.40 $ (2/20/2014) to 17.10 $ (2/25/2014) a 1.70 $ move 2- The current bearish trend started from 17.10 $ at 2/25/2014 and is currently trading at 15.75 $.
3- 3217.TWO current support level is at 15.40 which is the 100.00 % fibonacci retracement of the last 1.70 $ move.
4- 3217.TWO current resistance level is at 16.05 which is the 61.80 % fibonacci retracement of the last 1.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ARGOSY RESEARCH TWD10 (3217.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.400 and 15.000 that was broken down at 15.800 transforming into a resistance line.
ARGOSY RESEARCH TWD10 (3217.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.050 and 11.750, and is currently supporting at 15.036.
ARGOSY RESEARCH TWD10 (3217.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.750 and 11.450, and is currently supporting at 12.026.

Stock Trading Conclusion:
ARGOSY RESEARCH TWD10 (3217.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 16.05, 16.07, 16.25, 16.27, 16.42, 16.45, 16.58, 16.60, 16.70, 17.10,.
Stock Support levels : 15.40, 15.04, 14.94, 14.35,.