Today we will analyze the stock SINGLE WELL INDUST TWD10 (3490.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SINGLE WELL INDUST TWD10 (3490.TWO)
1- Last bearish trend was from 33.20 $ (2/26/2014) to 30.80 $ (3/4/2014) a 2.40 $ move 2- The current bullish trend started from 30.80 $ at 3/4/2014 and is currently trading at 37.80 $.
3- 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.
SINGLE WELL INDUST TWD10 (3490.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 30.800 and 32.200,resistance between 33.200 and 34.200 which was broken up at 33.050 in higher than usual volume.
SINGLE WELL INDUST TWD10 (3490.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 30.800 and 24.350, and is currently supporting at 32.090.
SINGLE WELL INDUST TWD10 (3490.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 30.800 and 21.900, and is currently supporting at 31.384.

Stock Trading Conclusion:
SINGLE WELL INDUST TWD10 (3490.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 36.15, 35.13, 34.30, 33.47, 32.09, 31.60, 31.38,.