Today we will analyze the stock ACULA TECHNOLOGY C TWD10 (3434.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ACULA TECHNOLOGY C TWD10 (3434.TWO)
1- Last bullish trend was from 10.00 $ (2/28/2014) to 10.30 $ (3/3/2014) a 0.30 $ move 2- The current bearish trend started from 10.30 $ at 3/3/2014 and is currently trading at 9.90 $.
3- 3434.TWO current support level is at 9.81 which is the 161.80 % fibonacci retracement of the last 0.30 $ move.
4- 3434.TWO current resistance level is at 9.92 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ACULA TECHNOLOGY C TWD10 (3434.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 10.000 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 10.300 and 10.400, and is currently resisting at 10.200.
ACULA TECHNOLOGY C TWD10 (3434.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 10.300 and 10.400, and is currently resisting at 10.182.
ACULA TECHNOLOGY C TWD10 (3434.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 8.240 .
10- The Stock formed a 1.040 $ height triangle which was broken up at 9.130 in higher than usual volume, target of the pattern is 10.170.

Stock Trading Conclusion:
ACULA TECHNOLOGY C TWD10 (3434.TWO) was trading in a bearish 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 : 9.92, 9.99, 10.00, 10.05, 10.10, 10.11, 10.15, 10.15, 10.17, 10.18, 10.19, 10.20, 10.23, 10.30,.
Stock Support levels : 9.81, 8.19,.