Today we will analyze the stock MYSON-CENTURY TECH TWD10 (5314.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MYSON-CENTURY TECH TWD10 (5314.TWO)
1- Last bearish trend was from 8.77 $ (1/9/2014) to 7.65 $ (2/7/2014) a 1.12 $ move 2- The current bullish trend started from 7.65 $ at 2/7/2014 and is currently trading at 8.86 $.
3- 5314.TWO current support level is at 8.77 which is the 100.00 % fibonacci retracement of the last 1.12 $ move.
4- 5314.TWO current resistance level is at 9.07 which is the 127.20 % fibonacci retracement of the last 1.12 $ 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.
MYSON-CENTURY TECH TWD10 (5314.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 7.650 and 7.330, and is currently supporting at 7.844.
MYSON-CENTURY TECH TWD10 (5314.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 3.090 $ height triangle which was broken up at 8.620 in higher than usual volume, target of the pattern is 11.710.
MYSON-CENTURY TECH TWD10 (5314.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.090 $ height triangle which was broken up at 8.620 in higher than usual volume, target of the pattern is 11.710.

Stock Trading Conclusion:
MYSON-CENTURY TECH TWD10 (5314.TWO) was trading in a strong 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 : 9.07, 9.46, 11.71,.
Stock Support levels : 8.77, 8.57, 8.52, 8.40, 8.34, 8.26, 8.21, 8.11, 8.08, 7.91, 7.84, 7.65,.