Today we will analyze the stock TE CHANG CONSTRUCT TWD10 (5511.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TE CHANG CONSTRUCT TWD10 (5511.TWO)
1- Last bearish trend was from 27.50 $ (12/3/2013) to 26.50 $ (12/17/2013) a 1.00 $ move 2- The current bullish trend started from 26.50 $ at 12/17/2013 and is currently trading at 28.00 $.
3- 5511.TWO current support level is at 27.77 which is the 127.20 % fibonacci retracement of the last 1.00 $ move.
4- 5511.TWO current resistance level is at 28.12 which is the 161.80 % fibonacci retracement of the last 1.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
TE CHANG CONSTRUCT TWD10 (5511.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.100 $ height triangle which was broken up at 27.000, target of the pattern is 29.100.
TE CHANG CONSTRUCT TWD10 (5511.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 26.200 and 19.140 that was broken down at 27.000 transforming into a resistance line.
TE CHANG CONSTRUCT TWD10 (5511.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TE CHANG CONSTRUCT TWD10 (5511.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 28.12, 29.10, 32.16.
Stock Support levels : 27.77, 27.65, 27.50, 27.43, 27.25, 27.12, 27.07, 27.00, 26.88, 26.82, 26.74, 26.50,.