Today we will analyze the stock LIEN MING MOBILE T TWD10 (4408.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LIEN MING MOBILE T TWD10 (4408.TWO)
1- Last bullish trend was from 1.22 $ (8/3/2011) to 1.27 $ (8/4/2011) a 0.05 $ move 2- The current bearish trend started from 1.27 $ at 8/4/2011 and is currently trading at 1.12 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
LIEN MING MOBILE T TWD10 (4408.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.140 $ height triangle which was broken down at 1.200 in higher than usual volume, target of the pattern is 1.060.
LIEN MING MOBILE T TWD10 (4408.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 1.170 and 1.940,resistance between 1.350 and 2.080 which was broken up at 1.280.
LIEN MING MOBILE T TWD10 (4408.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 1.170 and 2.220,resistance between 1.350 and 2.430, the stock channel is currently supported from below by 0.847 and resisted from above by 1.198.

Stock Trading Conclusion:
LIEN MING MOBILE T TWD10 (4408.TWO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 1.16, 1.18, 1.19, 1.21, 1.22, 1.27.
Stock Support levels : 1.06,.