Today we will analyze the stock ROSSMAX INTL TWD10 (4121.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ROSSMAX INTL TWD10 (4121.TWO)
1- Last bullish trend was from 20.05 $ (2/20/2014) to 21.90 $ (2/25/2014) a 1.85 $ move 2- The current bearish trend started from 21.90 $ at 2/25/2014 and is currently trading at 20.20 $.
3- 4121.TWO current support level is at 20.05 which is the 100.00 % fibonacci retracement of the last 1.85 $ move.
4- 4121.TWO current resistance level is at 20.76 which is the 61.80 % fibonacci retracement of the last 1.85 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
ROSSMAX INTL TWD10 (4121.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 20.050 and 17.600 that was broken down at 20.700 transforming into a resistance line.
ROSSMAX INTL TWD10 (4121.TWO) Mid term stock chart patterns for internet stock trading :

None.
ROSSMAX INTL TWD10 (4121.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 19.850 and 21.750 that was broken up at 19.550 transforming into a supporting line.

Stock Trading Conclusion:
ROSSMAX INTL TWD10 (4121.TWO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 20.60, 20.76, 20.85, 20.97, 21.05, 21.19, 21.25, 21.46, 21.60, 21.90,.
Stock Support levels : 20.05, 19.55, 18.91,.