Today we will analyze the stock LONG DA CONSTRUC TWD10 (5519.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LONG DA CONSTRUC TWD10 (5519.TWO)
1- Last bearish trend was from 31.65 $ (12/2/2013) to 29.80 $ (12/19/2013) a 1.85 $ move 2- The current bullish trend started from 29.80 $ at 12/19/2013 and is currently trading at 32.10 $.
3- 5519.TWO current support level is at 31.65 which is the 100.00 % fibonacci retracement of the last 1.85 $ move.
4- 5519.TWO current resistance level is at 32.15 which is the 127.20 % fibonacci retracement of the last 1.85 $ 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.
LONG DA CONSTRUC TWD10 (5519.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 29.800 and 28.050 that was broken down at 30.000 transforming into a resistance line.
LONG DA CONSTRUC TWD10 (5519.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 27.400 and 19.560 that was broken down at 27.500 transforming into a resistance line.
LONG DA CONSTRUC TWD10 (5519.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 27.400 and 19.560 that was broken down at 27.500 transforming into a resistance line.

Stock Trading Conclusion:
LONG DA CONSTRUC TWD10 (5519.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 : 32.15, 32.25, 32.79, 87.51,.
Stock Support levels : 31.65, 31.56, 31.22, 30.95, 30.94, 30.72, 30.68, 30.51, 30.24, 29.80,.