Today we will analyze the stock ADO OPTRONICS CORP TWD10 (3516.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ADO OPTRONICS CORP TWD10 (3516.TWO)
1- Last bearish trend was from 15.00 $ (3/5/2014) to 14.50 $ (3/7/2014) a 0.50 $ move 2- The current bullish trend started from 14.50 $ at 3/7/2014 and is currently trading at 15.20 $.
3- 3516.TWO current support level is at 15.14 which is the 127.20 % fibonacci retracement of the last 0.50 $ move.
4- 3516.TWO current resistance level is at 15.31 which is the 161.80 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ADO OPTRONICS CORP TWD10 (3516.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.100 $ height triangle which was broken up at 15.200 in higher than usual volume, target of the pattern is 16.300.
ADO OPTRONICS CORP TWD10 (3516.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.100 and 11.850, and is currently supporting at 14.762.
ADO OPTRONICS CORP TWD10 (3516.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.850 and 10.300, and is currently supporting at 12.418.

Stock Trading Conclusion:
ADO OPTRONICS CORP TWD10 (3516.TWO) was trading in a strong bullish wave, which is becoming weaker .
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 : 15.31, 16.30.
Stock Support levels : 15.14, 15.03, 15.00, 14.93, 14.91, 14.85, 14.81, 14.77, 14.76, 14.75, 14.69, 14.62, 14.50,.