Today we will analyze the stock MICROCOSM TECHNOLO TWD10 (3354.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MICROCOSM TECHNOLO TWD10 (3354.TWO)
1- Last bullish trend was from 12.80 $ (2/17/2014) to 14.80 $ (3/6/2014) a 2.00 $ move 2- The current bearish trend started from 14.80 $ at 3/6/2014 and is currently trading at 13.60 $.
3- 3354.TWO current support level is at 13.56 which is the 61.80 % fibonacci retracement of the last 2.00 $ move.
4- 3354.TWO current resistance level is at 13.80 which is the 50.00 % fibonacci retracement of the last 2.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
MICROCOSM TECHNOLO TWD10 (3354.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 12.800 and 12.100,resistance between 14.800 and 13.800 which was broken down at 13.600.
MICROCOSM TECHNOLO TWD10 (3354.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 12.800 and 11.300, and is currently supporting at 13.050.
MICROCOSM TECHNOLO TWD10 (3354.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.300 and 10.570, and is currently supporting at 11.727.

Stock Trading Conclusion:
MICROCOSM TECHNOLO TWD10 (3354.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 : 13.80, 13.88, 13.97, 14.04, 14.06, 14.20, 14.33, 14.34, 14.80,.
Stock Support levels : 13.56, 13.05, 12.80, 12.26, 11.73,.