Today we will analyze the stock TAIWAN ARIES TWD10 (6171.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN ARIES TWD10 (6171.TWO)
1- Last bullish trend was from 17.20 $ (1/8/2014) to 17.75 $ (1/17/2014) a 0.55 $ move 2- The current bearish trend started from 17.75 $ at 1/17/2014 and is currently trading at 17.20 $.
3- 6171.TWO current support level is at 17.05 which is the 127.20 % fibonacci retracement of the last 0.55 $ move.
4- 6171.TWO current resistance level is at 17.20 which is the 100.00 % fibonacci retracement of the last 0.55 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
TAIWAN ARIES TWD10 (6171.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 17.200 .
7- The Stock formed a 0.700 $ height triangle.
TAIWAN ARIES TWD10 (6171.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 17.750 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 18.900 and 19.300, and is currently resisting at 17.952.
TAIWAN ARIES TWD10 (6171.TWO) Long term stock chart patterns for internet stock trading :

10- The Stock was resisted by a resistance line, identified by two points: 19.300 and 22.750 that was broken up at 18.250 transforming into a supporting line.

Stock Trading Conclusion:
TAIWAN ARIES TWD10 (6171.TWO) was trading in a bearish wave, which is becoming weaker .
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 : 17.33, 17.41, 17.48, 17.54, 17.62, 17.63, 17.75, 17.95.
Stock Support levels : 17.05, 16.86,.