Today we will analyze the stock AIRLUX ELECTRICAL TWD10 (4609.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in AIRLUX ELECTRICAL TWD10 (4609.TWO)
1- Last bullish trend was from 12.65 $ (3/5/2014) to 13.50 $ (3/6/2014) a 0.85 $ move 2- The current bearish trend started from 13.50 $ at 3/6/2014 and is currently trading at 13.20 $.
3- 4609.TWO current support level is at 13.18 which is the 38.20 % fibonacci retracement of the last 0.85 $ move.
4- 4609.TWO current resistance level is at 13.30 which is the 23.60 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently 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.
AIRLUX ELECTRICAL TWD10 (4609.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 12.650 and 12.400,resistance between 13.500 and 13.250, the stock channel is currently supported from below by 12.718 and resisted from above by 13.545.
AIRLUX ELECTRICAL TWD10 (4609.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 12.400 .
8- The Stock formed a 2.100 $ height triangle which was broken up at 12.650, target of the pattern is 14.750.
AIRLUX ELECTRICAL TWD10 (4609.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 12.350 and 10.750,resistance between 14.450 and 12.400, the stock channel is currently supported from below by 12.921 and resisted from above by 15.429.

Stock Trading Conclusion:
AIRLUX ELECTRICAL TWD10 (4609.TWO) was trading in a 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 : 13.26, 13.27, 13.30, 13.31, 13.35, 13.39, 13.50, 14.75.
Stock Support levels : 13.18, 13.07, 12.97, 12.65, 12.43, 12.42, 12.41, 12.12,.