Today we will analyze the stock VATE TECHNOLOGY CO TWD10 (5344.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in VATE TECHNOLOGY CO TWD10 (5344.TWO)
1- Last bullish trend was from 9.96 $ (2/10/2014) to 12.35 $ (3/3/2014) a 2.39 $ move 2- The current bearish trend started from 12.35 $ at 3/3/2014 and is currently trading at 11.60 $.
3- 5344.TWO current support level is at 11.44 which is the 38.20 % fibonacci retracement of the last 2.39 $ move.
4- 5344.TWO current resistance level is at 11.79 which is the 23.60 % fibonacci retracement of the last 2.39 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
VATE TECHNOLOGY CO TWD10 (5344.TWO) Short term stock chart patterns for internet stock trading :

None.
VATE TECHNOLOGY CO TWD10 (5344.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.960 and 8.990, and is currently supporting at 10.273.
VATE TECHNOLOGY CO TWD10 (5344.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 9.960 and 8.990, and is currently supporting at 10.273.

Stock Trading Conclusion:
VATE TECHNOLOGY CO TWD10 (5344.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 11.78, 11.79, 11.89, 11.98, 12.06, 12.35,.
Stock Support levels : 11.44, 11.16, 10.87, 10.27, 9.96, 9.31,.