Today we will analyze the stock TONTEK DESIGN TECH TWD10 (5487.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TONTEK DESIGN TECH TWD10 (5487.TWO)
1- Last bearish trend was from 25.65 $ (2/20/2014) to 23.75 $ (3/4/2014) a 1.90 $ move 2- The current bullish trend started from 23.75 $ at 3/4/2014 and is currently trading at 24.70 $.
3- 5487.TWO current support level is at 24.70 which is the 50.00 % fibonacci retracement of the last 1.90 $ move.
4- 5487.TWO current resistance level is at 24.92 which is the 61.80 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
TONTEK DESIGN TECH TWD10 (5487.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 23.750 and 22.400, and is currently supporting at 24.200.
TONTEK DESIGN TECH TWD10 (5487.TWO) Mid term stock chart patterns for internet stock trading :

None.
TONTEK DESIGN TECH TWD10 (5487.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 18.100 and 16.280,resistance between 21.100 and 18.640, the stock channel is currently supported from below by 21.360 and resisted from above by 25.432.

Stock Trading Conclusion:
TONTEK DESIGN TECH TWD10 (5487.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 24.92, 25.65, 26.17, 26.82.
Stock Support levels : 24.48, 24.48, 24.34, 24.23, 24.20, 24.20, 24.11, 23.75,.