Today we will analyze the stock PLANET TECHNOLOGY TWD10 (6263.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PLANET TECHNOLOGY TWD10 (6263.TWO)
1- Last bearish trend was from 49.75 $ (3/6/2014) to 47.30 $ (3/7/2014) a 2.45 $ move 2- The current bullish trend started from 47.30 $ at 3/7/2014 and is currently trading at 49.20 $.
3- 6263.TWO current support level is at 48.81 which is the 61.80 % fibonacci retracement of the last 2.45 $ move.
4- 6263.TWO current resistance level is at 49.75 which is the 100.00 % fibonacci retracement of the last 2.45 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PLANET TECHNOLOGY TWD10 (6263.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 47.300 .
PLANET TECHNOLOGY TWD10 (6263.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 32.550 and 29.830, and is currently supporting at 35.462.
PLANET TECHNOLOGY TWD10 (6263.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 27.920 and 24.960, and is currently supporting at 38.754.

Stock Trading Conclusion:
PLANET TECHNOLOGY TWD10 (6263.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 : 49.75, 50.42, 51.26.
Stock Support levels : 48.81, 48.75, 48.53, 48.47, 48.25, 48.24, 48.03, 47.88, 47.37, 47.30, 38.75,.