Today we will analyze the stock POWERCHIP SEMICOND TWD10 (5346.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in POWERCHIP SEMICOND TWD10 (5346.TWO)
1- Last bearish trend was from 0.25 $ (11/12/2012) to 0.18 $ (11/23/2012) a 0.07 $ move 2- The current bullish trend started from 0.18 $ at 11/23/2012 and is currently trading at 0.29 $.
3- 5346.TWO current support level is at 0.27 which is the 127.20 % fibonacci retracement of the last 0.07 $ move.
4- 5346.TWO current resistance level is at 0.29 which is the 161.80 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
POWERCHIP SEMICOND TWD10 (5346.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.250 and 2.690 that was broken up at 0.240 transforming into a supporting line.
POWERCHIP SEMICOND TWD10 (5346.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.250 and 3.120 that was broken up at 0.240 transforming into a supporting line.
POWERCHIP SEMICOND TWD10 (5346.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.250 and 3.190 that was broken up at 0.240 transforming into a supporting line.

Stock Trading Conclusion:
POWERCHIP SEMICOND TWD10 (5346.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.293.
Stock Support levels : 0.269, 0.264, 0.250, 0.248, 0.235, 0.223, 0.222, 0.215, 0.207, 0.197, 0.180, -1.271, -1.315,.