Today we will analyze the stock SOARING TECHNOLOGY TWD10 (6222.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SOARING TECHNOLOGY TWD10 (6222.TWO)
1- Last bearish trend was from 11.40 $ (3/4/2014) to 10.55 $ (3/6/2014) a 0.85 $ move 2- The current bullish trend started from 10.55 $ at 3/6/2014 and is currently trading at 10.95 $.
3- 6222.TWO current support level is at 10.87 which is the 38.20 % fibonacci retracement of the last 0.85 $ move.
4- 6222.TWO current resistance level is at 10.98 which is the 50.00 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SOARING TECHNOLOGY TWD10 (6222.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 11.400 and 12.000, and is currently resisting at 11.057.
SOARING TECHNOLOGY TWD10 (6222.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.100 and 6.950, and is currently supporting at 8.638.
SOARING TECHNOLOGY TWD10 (6222.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SOARING TECHNOLOGY TWD10 (6222.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 : 10.98, 11.06, 11.08, 11.40, 11.63, 11.93.
Stock Support levels : 10.87, 10.86, 10.80, 10.75, 10.75, 10.70, 10.55, 8.64, 8.10,.