Today we will analyze the stock KUNG SING ENGINEER TWD10 (5521.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in KUNG SING ENGINEER TWD10 (5521.TWO)
1- Last bearish trend was from 9.75 $ (9/24/2012) to 8.30 $ (10/31/2012) a 1.45 $ move 2- The current bullish trend started from 8.30 $ at 10/31/2012 and is currently trading at 9.71 $.
3- 5521.TWO current support level is at 9.20 which is the 61.80 % fibonacci retracement of the last 1.45 $ move.
4- 5521.TWO current resistance level is at 9.75 which is the 100.00 % fibonacci retracement of the last 1.45 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
KUNG SING ENGINEER TWD10 (5521.TWO) Short term stock chart patterns for internet stock trading :

None.
KUNG SING ENGINEER TWD10 (5521.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.300 and 7.080, and is currently supporting at 8.642.
KUNG SING ENGINEER TWD10 (5521.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.300 and 7.080, and is currently supporting at 8.642.

Stock Trading Conclusion:
KUNG SING ENGINEER TWD10 (5521.TWO) was trading in a strong 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 : 9.75, 10.14, 10.65.
Stock Support levels : 9.38, 9.20, 9.17, 9.02, 9.01, 8.85, 8.84, 8.64, 8.64, 8.30,.