Today we will analyze the stock CHUNG LIEN TRANSPO TWD10 (5604.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in CHUNG LIEN TRANSPO TWD10 (5604.TWO)
1- Last bearish trend was from 40.90 $ (2/25/2014) to 36.85 $ (3/3/2014) a 4.05 $ move 2- The current bullish trend started from 36.85 $ at 3/3/2014 and is currently trading at 39.65 $.
3- 5604.TWO current support level is at 39.35 which is the 61.80 % fibonacci retracement of the last 4.05 $ move.
4- 5604.TWO current resistance level is at 40.90 which is the 100.00 % fibonacci retracement of the last 4.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CHUNG LIEN TRANSPO TWD10 (5604.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 36.850 and 24.910, and is currently supporting at 37.182.
CHUNG LIEN TRANSPO TWD10 (5604.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 36.850 and 24.910, and is currently supporting at 37.182.
CHUNG LIEN TRANSPO TWD10 (5604.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHUNG LIEN TRANSPO TWD10 (5604.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 40.90, 42.00, 43.40.
Stock Support levels : 39.35, 38.99, 38.88, 38.58, 38.40, 38.25, 37.92, 37.81, 37.18, 36.85,.