Today we will analyze the stock LIN HORN TECHNOLOG TWD10 (5464.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LIN HORN TECHNOLOG TWD10 (5464.TWO)
1- Last bullish trend was from 18.50 $ (12/16/2013) to 20.70 $ (1/8/2014) a 2.20 $ move 2- The current bearish trend started from 20.70 $ at 1/8/2014 and is currently trading at 19.90 $.
3- 5464.TWO current support level is at 19.86 which is the 38.20 % fibonacci retracement of the last 2.20 $ move.
4- 5464.TWO current resistance level is at 20.18 which is the 23.60 % fibonacci retracement of the last 2.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LIN HORN TECHNOLOG TWD10 (5464.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 20.700 and 21.400, and is currently resisting at 20.314.
LIN HORN TECHNOLOG TWD10 (5464.TWO) Mid term stock chart patterns for internet stock trading :

None.
LIN HORN TECHNOLOG TWD10 (5464.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
LIN HORN TECHNOLOG TWD10 (5464.TWO) was trading in a bearish wave, which is becoming weaker .
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 : 20.09, 20.18, 20.21, 20.30, 20.31, 20.39, 20.70,.
Stock Support levels : 19.86, 19.60, 19.34, 18.50, 17.90,.