Today we will analyze the stock INTECH MACHINES TWD10 (5492.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in INTECH MACHINES TWD10 (5492.TWO)
1- Last bullish trend was from 11.80 $ (8/6/2009) to 12.55 $ (8/12/2009) a 0.75 $ move 2- The current bearish trend started from 12.55 $ at 8/12/2009 and is currently trading at 12.10 $.
3- 5492.TWO current support level is at 12.09 which is the 61.80 % fibonacci retracement of the last 0.75 $ move.
4- 5492.TWO current resistance level is at 12.18 which is the 50.00 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
INTECH MACHINES TWD10 (5492.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.800 and 11.500 that was broken down at 11.800 transforming into a resistance line.
INTECH MACHINES TWD10 (5492.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.880 $ height triangle which was broken up at 11.050 in higher than usual volume, target of the pattern is 13.930 which was broken down at 11.900, target of the pattern is 9.020.
INTECH MACHINES TWD10 (5492.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
INTECH MACHINES TWD10 (5492.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 : 12.18, 12.21, 12.26, 12.27, 12.33, 12.37, 12.38, 12.55, 13.93, 15.10, 18.92.
Stock Support levels : 12.09, 11.80, 11.60, 11.34, 9.02,.