Today we will analyze the stock TAIWAN ALPHA ELECT TWD10 (6204.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN ALPHA ELECT TWD10 (6204.TWO)
1- Last bearish trend was from 27.40 $ (2/21/2014) to 26.40 $ (3/4/2014) a 1.00 $ move 2- The current bullish trend started from 26.40 $ at 3/4/2014 and is currently trading at 27.55 $.
3- 6204.TWO current support level is at 27.40 which is the 100.00 % fibonacci retracement of the last 1.00 $ move.
4- 6204.TWO current resistance level is at 27.67 which is the 127.20 % fibonacci retracement of the last 1.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
TAIWAN ALPHA ELECT TWD10 (6204.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 26.400 and 23.250, and is currently supporting at 26.583.
TAIWAN ALPHA ELECT TWD10 (6204.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 22.500 and 20.650, and is currently supporting at 24.189.
TAIWAN ALPHA ELECT TWD10 (6204.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 22.500 and 20.650, and is currently supporting at 24.189.

Stock Trading Conclusion:
TAIWAN ALPHA ELECT TWD10 (6204.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 27.67, 28.02.
Stock Support levels : 27.40, 27.28, 27.11, 27.02, 26.97, 26.90, 26.84, 26.78, 26.64, 26.58, 26.40, 24.19,.