Today we will analyze the stock NIKO SEMICONDUCTOR TWD10 (3317.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in NIKO SEMICONDUCTOR TWD10 (3317.TWO)
1- Last bearish trend was from 23.20 $ (2/24/2014) to 22.20 $ (3/5/2014) a 1.00 $ move 2- The current bullish trend started from 22.20 $ at 3/5/2014 and is currently trading at 23.30 $.
3- 3317.TWO current support level is at 23.20 which is the 100.00 % fibonacci retracement of the last 1.00 $ move.
4- 3317.TWO current resistance level is at 23.47 which is the 127.20 % fibonacci retracement of the last 1.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
NIKO SEMICONDUCTOR TWD10 (3317.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 23.200 and 23.500 that was broken up at 22.600 transforming into a supporting line.
NIKO SEMICONDUCTOR TWD10 (3317.TWO) Mid term stock chart patterns for internet stock trading :

None.
NIKO SEMICONDUCTOR TWD10 (3317.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 19.850 and 14.200,resistance between 23.700 and 17.800, the stock channel is currently supported from below by 22.110 and resisted from above by 26.453.

Stock Trading Conclusion:
NIKO SEMICONDUCTOR TWD10 (3317.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 23.47, 23.82.
Stock Support levels : 23.20, 23.04, 22.88, 22.82, 22.75, 22.70, 22.62, 22.58, 22.44, 22.20, 22.20,.