Today we will analyze the stock FU-TA TEXTILE TWD10 (4402.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in FU-TA TEXTILE TWD10 (4402.TWO)
1- Last bearish trend was from 9.43 $ (1/8/2014) to 9.03 $ (1/23/2014) a 0.40 $ move 2- The current bullish trend started from 9.03 $ at 1/23/2014 and is currently trading at 10.20 $.
3- 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.
FU-TA TEXTILE TWD10 (4402.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 2.440 $ height triangle which was broken up at 9.280 in higher than usual volume, target of the pattern is 11.720 which was broken down at 9.040 in higher than usual volume, target of the pattern is 6.600.
FU-TA TEXTILE TWD10 (4402.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 11.000 and 11.250 that was broken up at 10.200 transforming into a supporting line.
FU-TA TEXTILE TWD10 (4402.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 8.260 and 10.000,resistance between 11.250 and 11.800 which was broken up at 9.720 in higher than usual volume.

Stock Trading Conclusion:
FU-TA TEXTILE TWD10 (4402.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 : 10.93, 11.72.
Stock Support levels : 9.92, 9.88, 9.75, 9.61, 9.48, 9.09, 9.03, 7.82,.