Today we will analyze the stock CINCON ELECTRONICS TWD10 (3332.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in CINCON ELECTRONICS TWD10 (3332.TWO)
1- Last bearish trend was from 52.50 $ (2/25/2014) to 49.30 $ (3/4/2014) a 3.20 $ move 2- The current bullish trend started from 49.30 $ at 3/4/2014 and is currently trading at 50.30 $.
3- 3332.TWO current support level is at 50.06 which is the 23.60 % fibonacci retracement of the last 3.20 $ move.
4- 3332.TWO current resistance level is at 50.52 which is the 38.20 % fibonacci retracement of the last 3.20 $ 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.
6- Bearish Divergance in MACD Indicator .
CINCON ELECTRONICS TWD10 (3332.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 49.300 and 44.000,resistance between 52.500 and 46.000 which was broken down at 50.100 in higher than usual volume.
CINCON ELECTRONICS TWD10 (3332.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 44.000 and 38.300, and is currently supporting at 45.529.
CINCON ELECTRONICS TWD10 (3332.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bearish stock channel identifed by support at 33.910 and 40.900,resistance between 45.600 and 53.800 which was broken up at 39.000 in higher than usual volume.

Stock Trading Conclusion:
CINCON ELECTRONICS TWD10 (3332.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 50.48, 50.52, 50.90, 51.28, 52.50, 53.37, 54.48.
Stock Support levels : 50.06, 50.06, 49.92, 49.80, 49.68, 49.30, 45.53, 43.99, 43.92,.