Today we will analyze the stock GENESIS TECH INC TWD10 (6221.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in GENESIS TECH INC TWD10 (6221.TWO)
1- Last bullish trend was from 22.85 $ (2/5/2014) to 26.10 $ (2/26/2014) a 3.25 $ move 2- The current bearish trend started from 26.10 $ at 2/26/2014 and is currently trading at 25.50 $.
3- 6221.TWO current support level is at 25.33 which is the 23.60 % fibonacci retracement of the last 3.25 $ move.
4- 6221.TWO current resistance level is at 26.10 which is the 0.00 % fibonacci retracement of the last 3.25 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GENESIS TECH INC TWD10 (6221.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 22.850 and 21.250, and is currently supporting at 23.794.
GENESIS TECH INC TWD10 (6221.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 20.600 and 20.200, and is currently supporting at 21.113.
GENESIS TECH INC TWD10 (6221.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 20.600 and 19.810,resistance between 24.300 and 23.590, the stock channel is currently supported from below by 21.550 and resisted from above by 25.578.

Stock Trading Conclusion:
GENESIS TECH INC TWD10 (6221.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 25.64, 25.73, 25.80, 25.87, 26.10,.
Stock Support levels : 25.33, 24.86, 24.48, 24.09, 23.79, 22.85, 21.97, 21.11,.