Today we will analyze the stock DATAFAB SYSTEMS IN TWD10 (6199.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in DATAFAB SYSTEMS IN TWD10 (6199.TWO)
1- Last bullish trend was from 16.74 $ (1/24/2014) to 25.50 $ (2/28/2014) a 8.76 $ move 2- The current bearish trend started from 25.50 $ at 2/28/2014 and is currently trading at 24.00 $.
3- 6199.TWO current support level is at 23.43 which is the 23.60 % fibonacci retracement of the last 8.76 $ move.
4- 6199.TWO current resistance level is at 25.50 which is the 0.00 % fibonacci retracement of the last 8.76 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
DATAFAB SYSTEMS IN TWD10 (6199.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 16.740 and 14.790 that was broken down at 17.880 transforming into a resistance line.
DATAFAB SYSTEMS IN TWD10 (6199.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 16.740 and 14.790,resistance between 17.810 and 15.910 which was broken down at 17.880.
DATAFAB SYSTEMS IN TWD10 (6199.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 17.500 and 18.490 that was broken up at 17.880 transforming into a supporting line.

Stock Trading Conclusion:
DATAFAB SYSTEMS IN TWD10 (6199.TWO) was trading in a strong bullish 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 : 24.35, 24.57, 24.75, 24.93, 25.50, 31.85,.
Stock Support levels : 23.43, 22.15, 21.12, 20.09, 16.74, 15.11, 14.36,.