Today we will analyze the stock EGALAX EMPIA TECHN TWD10 (3556.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in EGALAX EMPIA TECHN TWD10 (3556.TWO)
1- Last bullish trend was from 90.00 $ (2/7/2014) to 93.50 $ (2/12/2014) a 3.50 $ move 2- The current bearish trend started from 93.50 $ at 2/12/2014 and is currently trading at 90.00 $.
3- 3556.TWO current support level is at 89.05 which is the 127.20 % fibonacci retracement of the last 3.50 $ move.
4- 3556.TWO current resistance level is at 90.00 which is the 100.00 % fibonacci retracement of the last 3.50 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
EGALAX EMPIA TECHN TWD10 (3556.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 8.300 $ height triangle which was broken down at 90.100, target of the pattern is 81.800.
EGALAX EMPIA TECHN TWD10 (3556.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 86.500 and 76.700 that was broken down at 88.200 transforming into a resistance line.
EGALAX EMPIA TECHN TWD10 (3556.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EGALAX EMPIA TECHN TWD10 (3556.TWO) was trading in a bullish wave, which is becoming stronger .
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 : 90.83, 91.34, 91.75, 91.84, 92.16, 92.67, 93.50, 133.99.
Stock Support levels : 89.05, 87.84,.