Today we will analyze the stock TAIWAN THICK-FILM TWD10 (6246.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN THICK-FILM TWD10 (6246.TWO)
1- Last bullish trend was from 6.56 $ (2/18/2014) to 7.51 $ (2/26/2014) a 0.95 $ move 2- The current bearish trend started from 7.51 $ at 2/26/2014 and is currently trading at 7.00 $.
3- 6246.TWO current support level is at 6.92 which is the 61.80 % fibonacci retracement of the last 0.95 $ move.
4- 6246.TWO current resistance level is at 7.03 which is the 50.00 % fibonacci retracement of the last 0.95 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
TAIWAN THICK-FILM TWD10 (6246.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 6.560 .
TAIWAN THICK-FILM TWD10 (6246.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.560 .
TAIWAN THICK-FILM TWD10 (6246.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 6.560 .
9- The Stock formed a 7.570 $ height triangle which was broken up at 7.200, target of the pattern is 14.770.

Stock Trading Conclusion:
TAIWAN THICK-FILM TWD10 (6246.TWO) was trading in a strong 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 : 7.03, 7.12, 7.15, 7.19, 7.26, 7.29, 7.32, 7.51, 14.77.
Stock Support levels : 6.92, 6.57, 6.56, 6.56, 6.30, 5.97,.