Today we will analyze the stock LITON TECHNOLOGY C TWD10 (6175.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LITON TECHNOLOGY C TWD10 (6175.TWO)
1- Last bearish trend was from 18.70 $ (3/5/2014) to 17.65 $ (3/7/2014) a 1.05 $ move 2- The current bullish trend started from 17.65 $ at 3/7/2014 and is currently trading at 18.80 $.
3- 6175.TWO current support level is at 18.70 which is the 100.00 % fibonacci retracement of the last 1.05 $ move.
4- 6175.TWO current resistance level is at 18.99 which is the 127.20 % fibonacci retracement of the last 1.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
LITON TECHNOLOGY C TWD10 (6175.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 17.650 and 16.200, and is currently supporting at 17.762.
LITON TECHNOLOGY C TWD10 (6175.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 16.200 and 10.250,resistance between 18.400 and 11.900, the stock channel is currently supported from below by 17.443 and resisted from above by 19.981.
LITON TECHNOLOGY C TWD10 (6175.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 16.200 and 10.250, and is currently supporting at 17.443.

Stock Trading Conclusion:
LITON TECHNOLOGY C TWD10 (6175.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 : 18.99, 19.35.
Stock Support levels : 18.70, 18.53, 18.36, 18.30, 18.22, 18.17, 18.09, 18.05, 17.90, 17.76, 17.65,.