Today we will analyze the stock SPEED TECH TWD10 (5457.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SPEED TECH TWD10 (5457.TWO)
1- Last bullish trend was from 23.90 $ (2/17/2014) to 27.25 $ (3/6/2014) a 3.35 $ move 2- The current bearish trend started from 27.25 $ at 3/6/2014 and is currently trading at 25.40 $.
3- 5457.TWO current support level is at 25.18 which is the 61.80 % fibonacci retracement of the last 3.35 $ move.
4- 5457.TWO current resistance level is at 25.58 which is the 50.00 % fibonacci retracement of the last 3.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SPEED TECH TWD10 (5457.TWO) Short term stock chart patterns for internet stock trading :

None.
SPEED TECH TWD10 (5457.TWO) Mid term stock chart patterns for internet stock trading :

None.
SPEED TECH TWD10 (5457.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 23.900 and 16.100 that was broken down at 25.400 transforming into a resistance line.

Stock Trading Conclusion:
SPEED TECH TWD10 (5457.TWO) was trading in a bearish 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 : 25.58, 25.84, 25.85, 25.97, 26.11, 26.32, 26.46, 26.54, 27.25,.
Stock Support levels : 25.18, 23.90, 22.99,.