Today we will analyze the stock VICTORY CIRCUIT TWD10 (6101.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in VICTORY CIRCUIT TWD10 (6101.TWO)
1- Last bullish trend was from 10.95 $ (2/18/2014) to 13.45 $ (3/5/2014) a 2.50 $ move 2- The current bearish trend started from 13.45 $ at 3/5/2014 and is currently trading at 12.50 $.
3- 6101.TWO current support level is at 12.49 which is the 38.20 % fibonacci retracement of the last 2.50 $ move.
4- 6101.TWO current resistance level is at 12.86 which is the 23.60 % fibonacci retracement of the last 2.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
VICTORY CIRCUIT TWD10 (6101.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.950 and 10.800, and is currently supporting at 11.250.
VICTORY CIRCUIT TWD10 (6101.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.800 and 10.300, and is currently supporting at 11.383.
VICTORY CIRCUIT TWD10 (6101.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 13.500 and 13.650, and is currently resisting at 12.931.

Stock Trading Conclusion:
VICTORY CIRCUIT TWD10 (6101.TWO) was trading in a strong bullish wave, which is becoming weaker .
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 : 12.72, 12.86, 12.86, 12.93, 12.98, 13.09, 13.45,.
Stock Support levels : 12.49, 12.20, 11.90, 11.38, 11.25, 10.95, 10.27,.