Today we will analyze the stock SILICON TOUCH TECH TWD10 (3288.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SILICON TOUCH TECH TWD10 (3288.TWO)
1- Last bullish trend was from 12.35 $ (2/25/2014) to 14.60 $ (3/5/2014) a 2.25 $ move 2- The current bearish trend started from 14.60 $ at 3/5/2014 and is currently trading at 13.80 $.
3- 3288.TWO current support level is at 13.74 which is the 38.20 % fibonacci retracement of the last 2.25 $ move.
4- 3288.TWO current resistance level is at 14.07 which is the 23.60 % fibonacci retracement of the last 2.25 $ move.
5- 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.
SILICON TOUCH TECH TWD10 (3288.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 12.350 and 11.650, and is currently supporting at 12.800.
SILICON TOUCH TECH TWD10 (3288.TWO) Mid term stock chart patterns for internet stock trading :

SILICON TOUCH TECH TWD10 (3288.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 5.250 $ height triangle which was broken up at 13.800, target of the pattern is 19.050.

Stock Trading Conclusion:
SILICON TOUCH TECH TWD10 (3288.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 : 13.99, 14.07, 14.11, 14.20, 14.29, 14.60, 19.05.
Stock Support levels : 13.78, 13.74, 13.48, 13.21, 12.80, 12.35, 11.74,.