Today we will analyze the stock VERTEX PRECISION E TWD10 (5318.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in VERTEX PRECISION E TWD10 (5318.TWO)
1- Last bullish trend was from 9.45 $ (10/11/2012) to 10.30 $ (10/15/2012) a 0.85 $ move 2- The current bearish trend started from 10.30 $ at 10/15/2012 and is currently trading at 4.01 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
VERTEX PRECISION E TWD10 (5318.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 10.300 and 10.900, and is currently resisting at 9.813.
VERTEX PRECISION E TWD10 (5318.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 2.750 $ height triangle which was broken down at 9.490 in higher than usual volume, target of the pattern is 6.740.
VERTEX PRECISION E TWD10 (5318.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.150 and 5.450 that was broken down at 8.830 transforming into a resistance line.

Stock Trading Conclusion:
VERTEX PRECISION E TWD10 (5318.TWO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 5.49, 6.41, 7.16, 7.90, 9.66, 9.81, 9.90, 10.30.
Stock Support levels :.