Today we will analyze the stock PRIME ELEC and SATEL TWD10 (6152.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PRIME ELEC and SATEL TWD10 (6152.TWO)
1- Last bearish trend was from 36.90 $ (11/20/2009) to 35.00 $ (11/27/2009) a 1.90 $ move 2- The current bullish trend started from 35.00 $ at 11/27/2009 and is currently trading at 37.00 $.
3- 6152.TWO current support level is at 36.90 which is the 100.00 % fibonacci retracement of the last 1.90 $ move.
4- 6152.TWO current resistance level is at 37.42 which is the 127.20 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PRIME ELEC and SATEL TWD10 (6152.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 36.900 and 37.700 that was broken up at 36.300 transforming into a supporting line.
PRIME ELEC and SATEL TWD10 (6152.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 34.250 .
PRIME ELEC and SATEL TWD10 (6152.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 9.310 $ height triangle which was broken up at 33.900, target of the pattern is 43.210 which was broken down at 37.400 in higher than usual volume, target of the pattern is 28.090.

Stock Trading Conclusion:
PRIME ELEC and SATEL TWD10 (6152.TWO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 37.42, 38.07, 39.18, 43.21.
Stock Support levels : 36.90, 36.53, 36.24, 36.17, 36.00, 35.95, 35.80, 35.76, 35.73, 35.45, 35.00, 34.23, 34.16, 29.64,.