Today we will analyze the stock WINMATE COMMUNICAT TWD10 (3416.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in WINMATE COMMUNICAT TWD10 (3416.TWO)
1- Last bearish trend was from 66.90 $ (2/28/2014) to 64.20 $ (3/4/2014) a 2.70 $ move 2- The current bullish trend started from 64.20 $ at 3/4/2014 and is currently trading at 67.00 $.
3- 3416.TWO current support level is at 66.90 which is the 100.00 % fibonacci retracement of the last 2.70 $ move.
4- 3416.TWO current resistance level is at 67.63 which is the 127.20 % fibonacci retracement of the last 2.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
WINMATE COMMUNICAT TWD10 (3416.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 64.200 and 62.100, and is currently supporting at 64.760.
WINMATE COMMUNICAT TWD10 (3416.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 61.700 and 50.500, and is currently supporting at 64.841.
WINMATE COMMUNICAT TWD10 (3416.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 50.500 and 40.430 that was broken down at 62.400 transforming into a resistance line.

Stock Trading Conclusion:
WINMATE COMMUNICAT TWD10 (3416.TWO) was trading in a strong bullish wave, which is becoming weaker .
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 : 67.63, 68.42, 68.57.
Stock Support levels : 66.90, 66.34, 65.93, 65.87, 65.60, 65.55, 65.27, 65.23, 64.84, 64.84, 64.76, 64.20,.