Today we will analyze the stock DELTAMAC(TAIWAN) TWD10 (6144.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in DELTAMAC(TAIWAN) TWD10 (6144.TWO)
1- Last bearish trend was from 13.40 $ (2/5/2014) to 11.90 $ (3/5/2014) a 1.50 $ move 2- The current bullish trend started from 11.90 $ at 3/5/2014 and is currently trading at 12.95 $.
3- 6144.TWO current support level is at 12.83 which is the 61.80 % fibonacci retracement of the last 1.50 $ move.
4- 6144.TWO current resistance level is at 13.40 which is the 100.00 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
DELTAMAC(TAIWAN) TWD10 (6144.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.400 and 13.500, and is currently resisting at 13.208.
DELTAMAC(TAIWAN) TWD10 (6144.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 13.400 and 13.500, and is currently resisting at 13.208.
DELTAMAC(TAIWAN) TWD10 (6144.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
DELTAMAC(TAIWAN) TWD10 (6144.TWO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 13.21, 13.40, 13.81, 14.33.
Stock Support levels : 12.83, 12.70, 12.65, 12.55, 12.47, 12.42, 12.30, 12.25, 11.90,.