Today we will analyze the stock RICH DEVELOPMENT C TWD10 (5512.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in RICH DEVELOPMENT C TWD10 (5512.TWO)
1- Last bearish trend was from 13.45 $ (2/10/2014) to 13.00 $ (3/3/2014) a 0.45 $ move 2- The current bullish trend started from 13.00 $ at 3/3/2014 and is currently trading at 13.35 $.
3- 5512.TWO current support level is at 13.28 which is the 61.80 % fibonacci retracement of the last 0.45 $ move.
4- 5512.TWO current resistance level is at 13.45 which is the 100.00 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
RICH DEVELOPMENT C TWD10 (5512.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 13.000 $ and 13.450 $.

RICH DEVELOPMENT C TWD10 (5512.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 12.400 and 11.460,resistance between 14.600 and 13.650 which was broken down at 13.100 in higher than usual volume.
RICH DEVELOPMENT C TWD10 (5512.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 12.400 and 11.460,resistance between 14.600 and 13.650 which was broken down at 13.100 in higher than usual volume.

Stock Trading Conclusion:
RICH DEVELOPMENT C TWD10 (5512.TWO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 13.42, 13.43, 13.45, 13.57, 13.73, 13.92,.
Stock Support levels : 13.28, 13.27, 13.23, 13.22, 13.18, 13.17, 13.13, 13.11, 13.00,.