Today we will analyze the stock HIGHLIGHT TECH CO TWD10 (6208.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HIGHLIGHT TECH CO TWD10 (6208.TWO)
1- Last bearish trend was from 17.75 $ (2/26/2014) to 16.00 $ (3/7/2014) a 1.75 $ move 2- The current bullish trend started from 16.00 $ at 3/7/2014 and is currently trading at 16.80 $.
3- 6208.TWO current support level is at 16.67 which is the 38.20 % fibonacci retracement of the last 1.75 $ move.
4- 6208.TWO current resistance level is at 16.88 which is the 50.00 % fibonacci retracement of the last 1.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
HIGHLIGHT TECH CO TWD10 (6208.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 16.000 and 11.500,resistance between 17.750 and 12.200, the stock channel is currently supported from below by 16.205 and resisted from above by 19.394.
HIGHLIGHT TECH CO TWD10 (6208.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.500 and 10.550, and is currently supporting at 11.719.
HIGHLIGHT TECH CO TWD10 (6208.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.500 and 10.110, and is currently supporting at 11.700.

Stock Trading Conclusion:
HIGHLIGHT TECH CO TWD10 (6208.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 16.88, 17.08, 17.75, 18.23, 18.83.
Stock Support levels : 16.67, 16.61, 16.49, 16.41, 16.40, 16.31, 16.00, 11.72,.