Today we will analyze the stock SAN LIEN TECHNOLOG TWD10 (5493.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SAN LIEN TECHNOLOG TWD10 (5493.TWO)
1- Last bullish trend was from 28.70 $ (2/5/2014) to 33.80 $ (2/18/2014) a 5.10 $ move 2- The current bearish trend started from 33.80 $ at 2/18/2014 and is currently trading at 31.05 $.
3- 5493.TWO current support level is at 30.65 which is the 61.80 % fibonacci retracement of the last 5.10 $ move.
4- 5493.TWO current resistance level is at 31.25 which is the 50.00 % fibonacci retracement of the last 5.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
SAN LIEN TECHNOLOG TWD10 (5493.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 28.700 .
SAN LIEN TECHNOLOG TWD10 (5493.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 28.700 and 27.100, and is currently supporting at 29.668.
SAN LIEN TECHNOLOG TWD10 (5493.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 32.200 .
9- The Stock formed a 5.100 $ height triangle.

Stock Trading Conclusion:
SAN LIEN TECHNOLOG TWD10 (5493.TWO) was trading in a strong bullish 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 : 31.25, 31.70, 31.85, 32.10, 32.22, 32.42, 32.60, 32.75, 33.80,.
Stock Support levels : 30.65, 29.67, 28.70, 28.68, 28.61, 28.55, 27.31,.