Today we will analyze the stock KING CHOU MARINE T TWD10 (4417.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in KING CHOU MARINE T TWD10 (4417.TWO)
1- Last bearish trend was from 20.05 $ (1/16/2014) to 19.30 $ (2/5/2014) a 0.75 $ move 2- The current bullish trend started from 19.30 $ at 2/5/2014 and is currently trading at 20.20 $.
3- 4417.TWO current support level is at 20.05 which is the 100.00 % fibonacci retracement of the last 0.75 $ move.
4- 4417.TWO current resistance level is at 20.25 which is the 127.20 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
KING CHOU MARINE T TWD10 (4417.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 19.300 and 17.450, and is currently supporting at 19.998.
KING CHOU MARINE T TWD10 (4417.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 17.450 and 17.050, and is currently supporting at 18.084.
KING CHOU MARINE T TWD10 (4417.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.290 $ height triangle which was broken up at 18.500 in higher than usual volume, target of the pattern is 21.790.

Stock Trading Conclusion:
KING CHOU MARINE T TWD10 (4417.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 : 20.25, 20.51, 21.79.
Stock Support levels : 20.05, 20.00, 19.99, 19.86, 19.76, 19.75, 19.67, 19.64, 19.59, 19.48, 19.30, 18.32,.