Today we will analyze the stock LASER TEK TAIWAN TWD10 (6207.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LASER TEK TAIWAN TWD10 (6207.TWO)
1- Last bullish trend was from 18.00 $ (2/14/2014) to 22.35 $ (2/25/2014) a 4.35 $ move 2- The current bearish trend started from 22.35 $ at 2/25/2014 and is currently trading at 20.10 $.
3- 6207.TWO current support level is at 19.66 which is the 61.80 % fibonacci retracement of the last 4.35 $ move.
4- 6207.TWO current resistance level is at 20.17 which is the 50.00 % fibonacci retracement of the last 4.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LASER TEK TAIWAN TWD10 (6207.TWO) Short term stock chart patterns for internet stock trading :

None.
LASER TEK TAIWAN TWD10 (6207.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 18.000 and 16.050, and is currently supporting at 18.612.
LASER TEK TAIWAN TWD10 (6207.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 22.350 and 22.740, and is currently resisting at 22.336.

Stock Trading Conclusion:
LASER TEK TAIWAN TWD10 (6207.TWO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 20.17, 20.63, 20.69, 20.96, 21.23, 21.32, 21.49, 22.34, 22.35,.
Stock Support levels : 19.66, 18.61, 18.00, 16.82,.