Today we will analyze the stock GOLD RAIN ENTERPRI TWD10 (4503.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in GOLD RAIN ENTERPRI TWD10 (4503.TWO)
1- Last bullish trend was from 13.10 $ (3/3/2014) to 14.95 $ (3/5/2014) a 1.85 $ move 2- The current bearish trend started from 14.95 $ at 3/5/2014 and is currently trading at 13.90 $.
3- 4503.TWO current support level is at 13.81 which is the 61.80 % fibonacci retracement of the last 1.85 $ move.
4- 4503.TWO current resistance level is at 14.02 which is the 50.00 % fibonacci retracement of the last 1.85 $ move.
5- 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.
GOLD RAIN ENTERPRI TWD10 (4503.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 13.100 and 12.900, and is currently supporting at 13.191.
GOLD RAIN ENTERPRI TWD10 (4503.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.200 and 10.700, and is currently supporting at 11.919.
GOLD RAIN ENTERPRI TWD10 (4503.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 12.550 that failed, and formed a support .
9- The Stock was supported by a support line, identified by two points: 11.200 and 10.700, and is currently supporting at 11.919.

Stock Trading Conclusion:
GOLD RAIN ENTERPRI TWD10 (4503.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 14.02, 14.15, 14.24, 14.30, 14.42, 14.51, 14.55, 14.95,.
Stock Support levels : 13.81, 13.19, 13.10, 12.62, 12.60, 11.96, 11.92,.