Today we will analyze the stock LIH TAI CONTRUCT TWD10 (5520.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LIH TAI CONTRUCT TWD10 (5520.TWO)
1- Last bearish trend was from 29.40 $ (10/11/2013) to 28.05 $ (10/28/2013) a 1.35 $ move 2- The current bullish trend started from 28.05 $ at 10/28/2013 and is currently trading at 28.95 $.
3- 5520.TWO current support level is at 28.88 which is the 61.80 % fibonacci retracement of the last 1.35 $ move.
4- 5520.TWO current resistance level is at 29.40 which is the 100.00 % fibonacci retracement of the last 1.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
LIH TAI CONTRUCT TWD10 (5520.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 28.050 .
LIH TAI CONTRUCT TWD10 (5520.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 21.480 and 20.100, and is currently supporting at 27.681.
LIH TAI CONTRUCT TWD10 (5520.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.140 $ height triangle which was broken up at 21.040, target of the pattern is 25.180.

Stock Trading Conclusion:
LIH TAI CONTRUCT TWD10 (5520.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 : 29.40, 29.77, 30.23.
Stock Support levels : 28.88, 28.74, 28.72, 28.61, 28.57, 28.50, 28.39, 28.37, 28.13, 28.12, 28.11, 28.05, 27.68,.