Today we will analyze the stock TAIWAN CALSOINE TWD10 (4523.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN CALSOINE TWD10 (4523.TWO)
1- Last bullish trend was from 28.80 $ (2/14/2014) to 31.00 $ (2/18/2014) a 2.20 $ move 2- The current bearish trend started from 31.00 $ at 2/18/2014 and is currently trading at 29.20 $.
3- 4523.TWO current support level is at 28.80 which is the 100.00 % fibonacci retracement of the last 2.20 $ move.
4- 4523.TWO current resistance level is at 29.64 which is the 61.80 % fibonacci retracement of the last 2.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TAIWAN CALSOINE TWD10 (4523.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 31.000 and 33.600, and is currently resisting at 30.112.
TAIWAN CALSOINE TWD10 (4523.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 28.800 and 27.400, and is currently supporting at 29.180.
TAIWAN CALSOINE TWD10 (4523.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TAIWAN CALSOINE TWD10 (4523.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 : 29.62, 29.64, 29.89, 29.90, 30.10, 30.11, 30.16, 30.31, 30.48, 31.00,.
Stock Support levels : 29.18, 28.80, 28.20,.