Today we will analyze the stock TECHMOSA INTERNATI TWD10 (3389.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TECHMOSA INTERNATI TWD10 (3389.TWO)
1- Last bullish trend was from 20.55 $ (1/2/2012) to 21.80 $ (1/6/2012) a 1.25 $ move 2- The current bearish trend started from 21.80 $ at 1/6/2012 and is currently trading at 21.35 $.
3- 3389.TWO current support level is at 21.32 which is the 38.20 % fibonacci retracement of the last 1.25 $ move.
4- 3389.TWO current resistance level is at 21.50 which is the 23.60 % fibonacci retracement of the last 1.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TECHMOSA INTERNATI TWD10 (3389.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 20.550 and 19.300 that was broken down at 21.400 transforming into a resistance line.
TECHMOSA INTERNATI TWD10 (3389.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 9.600 $ height triangle which was broken up at 20.000 in higher than usual volume, target of the pattern is 29.600.
TECHMOSA INTERNATI TWD10 (3389.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 9.600 $ height triangle which was broken up at 20.000 in higher than usual volume, target of the pattern is 29.600.

Stock Trading Conclusion:
TECHMOSA INTERNATI TWD10 (3389.TWO) was trading in a 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 : 21.46, 21.50, 21.52, 21.58, 21.63, 21.80, 23.55, 29.60,.
Stock Support levels : 21.32, 21.17, 21.03, 20.55, 20.21, 19.78, 15.38,.