Today we will analyze the stock JAZZ HIPSTER CORP TWD10 (6247.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in JAZZ HIPSTER CORP TWD10 (6247.TWO)
1- Last bullish trend was from 11.30 $ (11/21/2013) to 12.20 $ (1/8/2014) a 0.90 $ move 2- The current bearish trend started from 12.20 $ at 1/8/2014 and is currently trading at 11.75 $.
3- 6247.TWO current support level is at 11.64 which is the 61.80 % fibonacci retracement of the last 0.90 $ move.
4- 6247.TWO current resistance level is at 11.75 which is the 50.00 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
JAZZ HIPSTER CORP TWD10 (6247.TWO) Short term stock chart patterns for internet stock trading :

None.
JAZZ HIPSTER CORP TWD10 (6247.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.300 and 10.750 that was broken down at 11.900 transforming into a resistance line.
JAZZ HIPSTER CORP TWD10 (6247.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 10.750 .

Stock Trading Conclusion:
JAZZ HIPSTER CORP TWD10 (6247.TWO) was trading in a bearish wave, which is becoming stronger .
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 : 11.86, 11.92, 11.98, 11.99, 12.03, 12.07, 12.20,.
Stock Support levels : 11.64, 11.30, 11.06, 10.80,.