Today we will analyze the stock JETWAY INFORMATION TWD10 (6161.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in JETWAY INFORMATION TWD10 (6161.TWO)
1- Last bullish trend was from 9.16 $ (2/14/2014) to 10.15 $ (2/28/2014) a 0.99 $ move 2- The current bearish trend started from 10.15 $ at 2/28/2014 and is currently trading at 9.32 $.
3- 6161.TWO current support level is at 9.16 which is the 100.00 % fibonacci retracement of the last 0.99 $ move.
4- 6161.TWO current resistance level is at 9.54 which is the 61.80 % fibonacci retracement of the last 0.99 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
JETWAY INFORMATION TWD10 (6161.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.160 and 8.190 that was broken down at 9.800 transforming into a resistance line.
JETWAY INFORMATION TWD10 (6161.TWO) Mid term stock chart patterns for internet stock trading :

None.
JETWAY INFORMATION TWD10 (6161.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.120 and 9.470 that was broken up at 8.740 transforming into a supporting line.

Stock Trading Conclusion:
JETWAY INFORMATION TWD10 (6161.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 9.52, 9.54, 9.64, 9.65, 9.73, 9.77, 9.83, 9.92, 10.15, 11.38.
Stock Support levels : 9.16, 8.89, 8.55,.