Today we will analyze the stock TRANSYSTEM INC TWD10 (5348.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TRANSYSTEM INC TWD10 (5348.TWO)
1- Last bullish trend was from 10.70 $ (1/23/2014) to 12.40 $ (3/6/2014) a 1.70 $ move 2- The current bearish trend started from 12.40 $ at 3/6/2014 and is currently trading at 11.60 $.
3- 5348.TWO current support level is at 11.55 which is the 50.00 % fibonacci retracement of the last 1.70 $ move.
4- 5348.TWO current resistance level is at 11.75 which is the 38.20 % fibonacci retracement of the last 1.70 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TRANSYSTEM INC TWD10 (5348.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.700 and 9.200 that was broken down at 10.750 transforming into a resistance line.
TRANSYSTEM INC TWD10 (5348.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.700 and 9.200 that was broken down at 10.750 transforming into a resistance line.
TRANSYSTEM INC TWD10 (5348.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 15.200 and 15.350, and is currently resisting at 12.756.

Stock Trading Conclusion:
TRANSYSTEM INC TWD10 (5348.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 11.75, 11.79, 11.91, 12.00, 12.00, 12.09, 12.40, 12.72, 12.76.
Stock Support levels : 11.55, 11.35, 10.70, 10.24,.