Today we will analyze the stock AMIGO TECHNOLOGY TWD10 (6241.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in AMIGO TECHNOLOGY TWD10 (6241.TWO)
1- Last bullish trend was from 21.85 $ (2/19/2014) to 23.90 $ (2/24/2014) a 2.05 $ move 2- The current bearish trend started from 23.90 $ at 2/24/2014 and is currently trading at 22.35 $.
3- 6241.TWO current support level is at 21.85 which is the 100.00 % fibonacci retracement of the last 2.05 $ move.
4- 6241.TWO current resistance level is at 22.63 which is the 61.80 % fibonacci retracement of the last 2.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
AMIGO TECHNOLOGY TWD10 (6241.TWO) Short term stock chart patterns for internet stock trading :

None.
AMIGO TECHNOLOGY TWD10 (6241.TWO) Mid term stock chart patterns for internet stock trading :

None.
AMIGO TECHNOLOGY TWD10 (6241.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 3.700 $ height triangle which was broken up at 22.550 in higher than usual volume, target of the pattern is 26.250.

Stock Trading Conclusion:
AMIGO TECHNOLOGY TWD10 (6241.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 22.63, 22.72, 22.88, 22.94, 23.12, 23.13, 23.31, 23.42, 23.90, 26.25.
Stock Support levels : 22.21, 21.85, 21.29, 21.24,.