Today we will analyze the stock TA CHONG SECURITIE TWD10 (6022.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TA CHONG SECURITIE TWD10 (6022.TWO)
1- Last bearish trend was from 12.00 $ (1/13/2014) to 10.10 $ (2/24/2014) a 1.90 $ move 2- The current bullish trend started from 10.10 $ at 2/24/2014 and is currently trading at 11.20 $.
3- 6022.TWO current support level is at 11.05 which is the 50.00 % fibonacci retracement of the last 1.90 $ move.
4- 6022.TWO current resistance level is at 11.27 which is the 61.80 % fibonacci retracement of the last 1.90 $ 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.
TA CHONG SECURITIE TWD10 (6022.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.100 and 8.600, and is currently supporting at 10.305.
TA CHONG SECURITIE TWD10 (6022.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.100 and 8.600, and is currently supporting at 10.305.
TA CHONG SECURITIE TWD10 (6022.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 10.100 and 8.070,resistance between 12.000 and 9.600, the stock channel is currently supported from below by 10.255 and resisted from above by 12.632.

Stock Trading Conclusion:
TA CHONG SECURITIE TWD10 (6022.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 : 11.27, 12.00, 12.52, 13.17.
Stock Support levels : 11.05, 10.94, 10.83, 10.78, 10.65, 10.55, 10.52, 10.31, 10.10,.