Today we will analyze the stock BAYTEK INTERNATION TWD10 (3252.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in BAYTEK INTERNATION TWD10 (3252.TWO)
1- Last bearish trend was from 49.40 $ (3/3/2014) to 47.50 $ (3/5/2014) a 1.90 $ move 2- The current bullish trend started from 47.50 $ at 3/5/2014 and is currently trading at 48.50 $.
3- 3252.TWO current support level is at 48.45 which is the 50.00 % fibonacci retracement of the last 1.90 $ move.
4- 3252.TWO current resistance level is at 48.67 which is the 61.80 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BAYTEK INTERNATION TWD10 (3252.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 6.850 $ height triangle which was broken up at 48.950 in higher than usual volume, target of the pattern is 55.800 which was broken down at 48.500, target of the pattern is 41.650.
BAYTEK INTERNATION TWD10 (3252.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 45.150 and 33.300, and is currently supporting at 46.631.
BAYTEK INTERNATION TWD10 (3252.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 45.150 and 33.300, and is currently supporting at 46.631.

Stock Trading Conclusion:
BAYTEK INTERNATION TWD10 (3252.TWO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 48.67, 48.91, 49.40, 49.92, 50.57, 55.80.
Stock Support levels : 48.45, 48.26, 48.23, 48.12, 48.00, 47.96, 47.95, 47.88, 47.50, 46.63,.