Today we will analyze the stock AZION CORPORATION TWD10 (6148.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in AZION CORPORATION TWD10 (6148.TWO)
1- Last bullish trend was from 8.41 $ (3/3/2014) to 9.33 $ (3/6/2014) a 0.92 $ move 2- The current bearish trend started from 9.33 $ at 3/6/2014 and is currently trading at 8.90 $.
3- 6148.TWO current support level is at 8.87 which is the 50.00 % fibonacci retracement of the last 0.92 $ move.
4- 6148.TWO current resistance level is at 8.98 which is the 38.20 % fibonacci retracement of the last 0.92 $ 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.
AZION CORPORATION TWD10 (6148.TWO) Short term stock chart patterns for internet stock trading :

AZION CORPORATION TWD10 (6148.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.410 and 6.120, and is currently supporting at 8.574.
AZION CORPORATION TWD10 (6148.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 6.120 and 6.540,resistance between 7.140 and 7.200 which was broken up at 6.820 in higher than usual volume.

Stock Trading Conclusion:
AZION CORPORATION TWD10 (6148.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 8.98, 9.00, 9.06, 9.11, 9.11, 9.17, 9.33,.
Stock Support levels : 8.87, 8.76, 8.57, 8.41, 8.16, 7.84,.