Today we will analyze the stock MUSTANG INDUSTRIAL TWD10 (5460.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MUSTANG INDUSTRIAL TWD10 (5460.TWO)
1- Last bullish trend was from 14.10 $ (2/20/2014) to 15.15 $ (3/5/2014) a 1.05 $ move 2- The current bearish trend started from 15.15 $ at 3/5/2014 and is currently trading at 14.45 $.
3- 5460.TWO current support level is at 14.10 which is the 100.00 % fibonacci retracement of the last 1.05 $ move.
4- 5460.TWO current resistance level is at 14.50 which is the 61.80 % fibonacci retracement of the last 1.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MUSTANG INDUSTRIAL TWD10 (5460.TWO) Short term stock chart patterns for internet stock trading :

None.
MUSTANG INDUSTRIAL TWD10 (5460.TWO) Mid term stock chart patterns for internet stock trading :

None.
MUSTANG INDUSTRIAL TWD10 (5460.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.100 and 12.450 that was broken up at 11.900 transforming into a supporting line.

Stock Trading Conclusion:
MUSTANG INDUSTRIAL TWD10 (5460.TWO) was trading in a strong 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 : 14.50, 14.62, 14.63, 14.72, 14.75, 14.80, 14.88, 14.90, 15.15,.
Stock Support levels : 14.10, 13.81, 13.45, 11.69,.