Today we will analyze the stock SMARTASIC TECH INC TWD10 (6186.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SMARTASIC TECH INC TWD10 (6186.TWO)
1- Last bearish trend was from 39.50 $ (1/9/2014) to 33.25 $ (2/28/2014) a 6.25 $ move 2- The current bullish trend started from 33.25 $ at 2/28/2014 and is currently trading at 34.35 $.
3- 6186.TWO current support level is at 33.25 which is the 0.00 % fibonacci retracement of the last 6.25 $ move.
4- 6186.TWO current resistance level is at 34.72 which is the 23.60 % fibonacci retracement of the last 6.25 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SMARTASIC TECH INC TWD10 (6186.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 39.500 .
SMARTASIC TECH INC TWD10 (6186.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 36.250 and 33.850 that was broken down at 39.000 transforming into a resistance line.
SMARTASIC TECH INC TWD10 (6186.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 36.250 and 33.500 that was broken down at 38.200 transforming into a resistance line.

Stock Trading Conclusion:
SMARTASIC TECH INC TWD10 (6186.TWO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 34.72, 35.64, 36.38, 37.11, 39.50, 39.80, 39.94, 39.97, 40.07, 41.20, 41.71, 43.36.
Stock Support levels : 34.09, 33.93, 33.80, 33.67, 33.25,.