Today we will analyze the stock TAIWAN SEMICONDUCT TWD10 (5425.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN SEMICONDUCT TWD10 (5425.TWO)
1- Last bearish trend was from 35.35 $ (3/6/2014) to 34.20 $ (3/7/2014) a 1.15 $ move 2- The current bullish trend started from 34.20 $ at 3/7/2014 and is currently trading at 35.95 $.
3- 5425.TWO current support level is at 35.66 which is the 127.20 % fibonacci retracement of the last 1.15 $ move.
4- 5425.TWO current resistance level is at 36.06 which is the 161.80 % fibonacci retracement of the last 1.15 $ 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.
TAIWAN SEMICONDUCT TWD10 (5425.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 34.200 and 28.400, and is currently supporting at 34.464.
TAIWAN SEMICONDUCT TWD10 (5425.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 28.400 and 22.650, and is currently supporting at 30.568.
TAIWAN SEMICONDUCT TWD10 (5425.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 28.400 and 21.600, and is currently supporting at 30.380.

Stock Trading Conclusion:
TAIWAN SEMICONDUCT TWD10 (5425.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 36.06.
Stock Support levels : 35.66, 35.54, 35.35, 35.28, 35.08, 34.91, 34.87, 34.78, 34.64, 34.47, 34.46, 34.20, 30.57,.