Today we will analyze the stock WONDER HI-TECH TWD10 (6190.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in WONDER HI-TECH TWD10 (6190.TWO)
1- Last bullish trend was from 8.23 $ (2/14/2014) to 10.50 $ (3/5/2014) a 2.27 $ move 2- The current bearish trend started from 10.50 $ at 3/5/2014 and is currently trading at 9.79 $.
3- 6190.TWO current support level is at 9.63 which is the 38.20 % fibonacci retracement of the last 2.27 $ move.
4- 6190.TWO current resistance level is at 9.96 which is the 23.60 % fibonacci retracement of the last 2.27 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
WONDER HI-TECH TWD10 (6190.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 8.230 and 6.820,resistance between 10.500 and 8.940, the stock channel is currently supported from below by 9.640 and resisted from above by 10.812.
WONDER HI-TECH TWD10 (6190.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.230 and 5.960, and is currently supporting at 8.797.
WONDER HI-TECH TWD10 (6190.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 5.960 and 6.230,resistance between 6.810 and 7.360 which was broken up at 6.500 in higher than usual volume.

Stock Trading Conclusion:
WONDER HI-TECH TWD10 (6190.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 9.96, 9.96, 10.06, 10.14, 10.23, 10.50,.
Stock Support levels : 9.63, 9.36, 9.10, 8.80, 8.23, 7.61, 6.83,.