Today we will analyze the stock INSYDE SOFTWARE CO TWD10 (6231.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in INSYDE SOFTWARE CO TWD10 (6231.TWO)
1- Last bullish trend was from 53.30 $ (3/3/2014) to 55.80 $ (3/6/2014) a 2.50 $ move 2- The current bearish trend started from 55.80 $ at 3/6/2014 and is currently trading at 54.70 $.
3- 6231.TWO current support level is at 54.55 which is the 50.00 % fibonacci retracement of the last 2.50 $ move.
4- 6231.TWO current resistance level is at 54.84 which is the 38.20 % fibonacci retracement of the last 2.50 $ move.
5- According to ADX Indicator, the trend is currently 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.
INSYDE SOFTWARE CO TWD10 (6231.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 53.300 and 50.000 that was broken down at 54.000 transforming into a resistance line.
INSYDE SOFTWARE CO TWD10 (6231.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 50.000 and 44.000,resistance between 57.400 and 52.500, the stock channel is currently supported from below by 51.000 and resisted from above by 60.307.
INSYDE SOFTWARE CO TWD10 (6231.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 50.000 and 44.000,resistance between 57.400 and 52.500, the stock channel is currently supported from below by 51.000 and resisted from above by 60.307.

Stock Trading Conclusion:
INSYDE SOFTWARE CO TWD10 (6231.TWO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 54.84, 54.96, 55.12, 55.21, 55.25, 55.38, 55.66, 55.80,.
Stock Support levels : 54.55, 54.26, 53.30, 52.62,.