Today we will analyze the stock PROF.COMPUTER TECH TWD10 (6270.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PROF.COMPUTER TECH TWD10 (6270.TWO)
1- Last bullish trend was from 13.35 $ (2/4/2014) to 14.95 $ (2/13/2014) a 1.60 $ move 2- The current bearish trend started from 14.95 $ at 2/13/2014 and is currently trading at 14.10 $.
3- 6270.TWO current support level is at 13.96 which is the 61.80 % fibonacci retracement of the last 1.60 $ move.
4- 6270.TWO current resistance level is at 14.15 which is the 50.00 % fibonacci retracement of the last 1.60 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PROF.COMPUTER TECH TWD10 (6270.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 14.950 and 15.650, and is currently resisting at 14.250.
PROF.COMPUTER TECH TWD10 (6270.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 15.650 .
PROF.COMPUTER TECH TWD10 (6270.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 13.350 and 11.300,resistance between 15.650 and 12.940, the stock channel is currently supported from below by 13.680 and resisted from above by 16.085.

Stock Trading Conclusion:
PROF.COMPUTER TECH TWD10 (6270.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 14.15, 14.25, 14.30, 14.34, 14.42, 14.52, 14.57, 14.63, 14.95, 15.79.
Stock Support levels : 13.96, 13.35, 12.91,.