Today we will analyze the stock LONGWELL CO TWD10 (6290.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in LONGWELL CO TWD10 (6290.TWO)
1- Last bearish trend was from 42.75 $ (3/3/2014) to 39.20 $ (3/7/2014) a 3.55 $ move 2- The current bullish trend started from 39.20 $ at 3/7/2014 and is currently trading at 40.90 $.
3- 6290.TWO current support level is at 40.56 which is the 38.20 % fibonacci retracement of the last 3.55 $ move.
4- 6290.TWO current resistance level is at 40.97 which is the 50.00 % fibonacci retracement of the last 3.55 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
LONGWELL CO TWD10 (6290.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 39.200 and 27.500, and is currently supporting at 39.508.
LONGWELL CO TWD10 (6290.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 23.650 and 22.200, and is currently supporting at 24.872.
LONGWELL CO TWD10 (6290.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 23.650 and 22.200, and is currently supporting at 24.872.

Stock Trading Conclusion:
LONGWELL CO TWD10 (6290.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 : 40.97, 41.39, 42.75, 43.72, 44.94.
Stock Support levels : 40.56, 40.50, 40.25, 40.05, 40.04, 39.85, 39.51, 39.20, 24.87,.