Today we will analyze the stock PHOENIX TOURS INT TWD10 (5706.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PHOENIX TOURS INT TWD10 (5706.TWO)
1- Last bearish trend was from 58.91 $ (9/29/2011) to 56.31 $ (10/5/2011) a 2.60 $ move 2- The current bullish trend started from 56.31 $ at 10/5/2011 and is currently trading at 61.70 $.
3- 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.
PHOENIX TOURS INT TWD10 (5706.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 58.910 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 56.310 and 54.380, and is currently supporting at 59.067.
PHOENIX TOURS INT TWD10 (5706.TWO) Mid term stock chart patterns for internet stock trading :

None.
PHOENIX TOURS INT TWD10 (5706.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PHOENIX TOURS INT TWD10 (5706.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 : .
Stock Support levels : 60.43, 59.64, 59.07, 59.01, 58.91, 58.37,.