Today we will analyze the stock MICROLIFE CORP TWD10 (4103.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MICROLIFE CORP TWD10 (4103.TWO)
1- Last bullish trend was from 76.90 $ (11/25/2013) to 90.80 $ (2/28/2014) a 13.90 $ move 2- The current bearish trend started from 90.80 $ at 2/28/2014 and is currently trading at 86.60 $.
3- 4103.TWO current support level is at 85.49 which is the 38.20 % fibonacci retracement of the last 13.90 $ move.
4- 4103.TWO current resistance level is at 87.52 which is the 23.60 % fibonacci retracement of the last 13.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MICROLIFE CORP TWD10 (4103.TWO) Short term stock chart patterns for internet stock trading :

None.
MICROLIFE CORP TWD10 (4103.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 83.800 and 85.000 that was broken up at 84.500 transforming into a supporting line.
MICROLIFE CORP TWD10 (4103.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 13.810 $ height triangle which was broken up at 81.000, target of the pattern is 94.810.

Stock Trading Conclusion:
MICROLIFE CORP TWD10 (4103.TWO) was trading in a strong bullish 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 : 87.52, 87.59, 88.20, 88.70, 89.20, 90.80, 94.81.
Stock Support levels : 85.49, 83.85, 82.21, 81.08, 78.57, 76.90, 73.12,.