Today we will analyze the stock SOFT-WORLD INTL CO TWD10 (5478.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SOFT-WORLD INTL CO TWD10 (5478.TWO)
1- Last bullish trend was from 92.20 $ (3/5/2014) to 98.60 $ (3/6/2014) a 6.40 $ move 2- The current bearish trend started from 98.60 $ at 3/6/2014 and is currently trading at 93.20 $.
3- 5478.TWO current support level is at 92.20 which is the 100.00 % fibonacci retracement of the last 6.40 $ move.
4- 5478.TWO current resistance level is at 94.64 which is the 61.80 % fibonacci retracement of the last 6.40 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SOFT-WORLD INTL CO TWD10 (5478.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 98.600 .
7- The Stock formed a 28.200 $ height triangle which was broken down at 92.700 in higher than usual volume, target of the pattern is 64.500.
SOFT-WORLD INTL CO TWD10 (5478.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 92.200 and 70.500 that was broken down at 92.700 transforming into a resistance line.
SOFT-WORLD INTL CO TWD10 (5478.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SOFT-WORLD INTL CO TWD10 (5478.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : 94.47, 94.64, 95.26, 95.40, 95.90, 96.16, 96.54, 97.09, 97.21, 98.53, 98.60,.
Stock Support levels : 92.20, 90.46, 88.24,.