Today we will analyze the stock SUN-SEA CONSTRUCTI TWD10 (5516.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SUN-SEA CONSTRUCTI TWD10 (5516.TWO)
1- Last bearish trend was from 13.15 $ (1/17/2014) to 12.30 $ (3/4/2014) a 0.85 $ move 2- The current bullish trend started from 12.30 $ at 3/4/2014 and is currently trading at 12.50 $.
3- 5516.TWO current support level is at 12.30 which is the 0.00 % fibonacci retracement of the last 0.85 $ move.
4- 5516.TWO current resistance level is at 12.50 which is the 23.60 % fibonacci retracement of the last 0.85 $ 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.
SUN-SEA CONSTRUCTI TWD10 (5516.TWO) Short term stock chart patterns for internet stock trading :

None.
SUN-SEA CONSTRUCTI TWD10 (5516.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 3.000 $ height triangle.
SUN-SEA CONSTRUCTI TWD10 (5516.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 14.850 and 15.350, and is currently resisting at 14.134.

Stock Trading Conclusion:
SUN-SEA CONSTRUCTI TWD10 (5516.TWO) was trading in a bullish wave, which is becoming stronger .
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 : 12.50, 12.62, 12.73, 12.83, 13.15, 13.38, 13.68, 14.13.
Stock Support levels : 12.45, 12.42, 12.40, 12.38, 12.30,.