Today we will analyze the stock SHIH HER TECHNOLOG TWD10 (3551.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SHIH HER TECHNOLOG TWD10 (3551.TWO)
1- Last bullish trend was from 64.80 $ (2/25/2014) to 73.50 $ (3/6/2014) a 8.70 $ move 2- The current bearish trend started from 73.50 $ at 3/6/2014 and is currently trading at 70.80 $.
3- 3551.TWO current support level is at 70.18 which is the 38.20 % fibonacci retracement of the last 8.70 $ move.
4- 3551.TWO current resistance level is at 71.45 which is the 23.60 % fibonacci retracement of the last 8.70 $ move.
5- 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.
SHIH HER TECHNOLOG TWD10 (3551.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 64.800 and 58.500, and is currently supporting at 68.850.
SHIH HER TECHNOLOG TWD10 (3551.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 67.100 and 67.500 that was broken up at 67.100 transforming into a supporting line.
SHIH HER TECHNOLOG TWD10 (3551.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 58.500 and 39.460, and is currently supporting at 60.438.

Stock Trading Conclusion:
SHIH HER TECHNOLOG TWD10 (3551.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 : 71.44, 71.45, 71.83, 72.15, 72.47, 73.50,.
Stock Support levels : 70.18, 69.15, 68.85, 68.12, 66.03, 64.80, 62.43, 60.44, 59.42, 58.47,.