Today we will analyze the stock HWACOM SYSTEMS INC TWD10 (6163.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HWACOM SYSTEMS INC TWD10 (6163.TWO)
1- Last bullish trend was from 20.10 $ (2/10/2014) to 20.95 $ (2/20/2014) a 0.85 $ move 2- The current bearish trend started from 20.95 $ at 2/20/2014 and is currently trading at 20.45 $.
3- 6163.TWO current support level is at 20.42 which is the 61.80 % fibonacci retracement of the last 0.85 $ move.
4- 6163.TWO current resistance level is at 20.53 which is the 50.00 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
HWACOM SYSTEMS INC TWD10 (6163.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.800 $ height triangle which was broken down at 20.600, target of the pattern is 18.800.
HWACOM SYSTEMS INC TWD10 (6163.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 17.450 and 16.540, and is currently supporting at 18.486.
HWACOM SYSTEMS INC TWD10 (6163.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.320 $ height triangle which was broken up at 20.000 in higher than usual volume, target of the pattern is 24.320.

Stock Trading Conclusion:
HWACOM SYSTEMS INC TWD10 (6163.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 : 20.53, 20.57, 20.63, 20.64, 20.70, 20.75, 20.76, 20.95, 20.98, 24.32.
Stock Support levels : 20.42, 20.10, 19.87, 19.57, 18.80, 18.68,.