Today we will analyze the stock AVERLOGIC TECHNOLO TWD10 (6198.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in AVERLOGIC TECHNOLO TWD10 (6198.TWO)
1- Last bullish trend was from 20.50 $ (2/28/2014) to 21.80 $ (3/6/2014) a 1.30 $ move 2- The current bearish trend started from 21.80 $ at 3/6/2014 and is currently trading at 21.15 $.
3- 6198.TWO current support level is at 21.00 which is the 61.80 % fibonacci retracement of the last 1.30 $ move.
4- 6198.TWO current resistance level is at 21.15 which is the 50.00 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
AVERLOGIC TECHNOLO TWD10 (6198.TWO) Short term stock chart patterns for internet stock trading :

None.
AVERLOGIC TECHNOLO TWD10 (6198.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 20.200 and 19.100 that was broken down at 21.050 transforming into a resistance line.
AVERLOGIC TECHNOLO TWD10 (6198.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AVERLOGIC TECHNOLO TWD10 (6198.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : 21.30, 21.40, 21.47, 21.49, 21.55, 21.80, 21.85.
Stock Support levels : 21.00, 20.50, 20.15,.