Today we will analyze the stock HIGHER WAY ELECTRO TWD10 (3268.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HIGHER WAY ELECTRO TWD10 (3268.TWO)
1- Last bullish trend was from 22.80 $ (3/4/2014) to 23.70 $ (3/6/2014) a 0.90 $ move 2- The current bearish trend started from 23.70 $ at 3/6/2014 and is currently trading at 22.50 $.
3- 3268.TWO current support level is at 22.24 which is the 161.80 % fibonacci retracement of the last 0.90 $ move.
4- 3268.TWO current resistance level is at 22.56 which is the 127.20 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
HIGHER WAY ELECTRO TWD10 (3268.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 5.950 $ height triangle which was broken down at 22.350, target of the pattern is 16.400.
HIGHER WAY ELECTRO TWD10 (3268.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 17.950 and 16.950 that was broken down at 22.350 transforming into a resistance line.
HIGHER WAY ELECTRO TWD10 (3268.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 16.950 and 8.260 that was broken down at 23.850 transforming into a resistance line.

Stock Trading Conclusion:
HIGHER WAY ELECTRO TWD10 (3268.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : 22.56, 22.78, 22.80, 22.81, 22.96, 23.10, 23.14, 23.24, 23.25, 23.36, 23.49, 23.70, 23.76, 25.43.
Stock Support levels : 22.24, 18.95,.