Today we will analyze the stock DR.CHIP BIOTECHNOL TWD10 (4131.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in DR.CHIP BIOTECHNOL TWD10 (4131.TWO)
1- Last bullish trend was from 8.90 $ (2/20/2014) to 9.19 $ (2/21/2014) a 0.29 $ move 2- The current bearish trend started from 9.19 $ at 2/21/2014 and is currently trading at 8.99 $.
3- 4131.TWO current support level is at 8.90 which is the 100.00 % fibonacci retracement of the last 0.29 $ move.
4- 4131.TWO current resistance level is at 9.01 which is the 61.80 % fibonacci retracement of the last 0.29 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DR.CHIP BIOTECHNOL TWD10 (4131.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.990 $ height triangle which was broken up at 8.920, target of the pattern is 9.910 which was broken down at 8.870 in higher than usual volume, target of the pattern is 7.880.
DR.CHIP BIOTECHNOL TWD10 (4131.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 8.700 .
DR.CHIP BIOTECHNOL TWD10 (4131.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.970 $ height triangle which was broken down at 9.340, target of the pattern is 6.370.

Stock Trading Conclusion:
DR.CHIP BIOTECHNOL TWD10 (4131.TWO) was trading in a 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 : 9.01, 9.04, 9.05, 9.07, 9.08, 9.09, 9.11, 9.12, 9.12, 9.18, 9.19, 9.74, 9.91.
Stock Support levels : 8.90, 8.82, 8.72, 8.71, 8.70, 8.49, 7.88,.