Today we will analyze the stock TEKOM TECHNOLOGIES TWD10 (6294.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TEKOM TECHNOLOGIES TWD10 (6294.TWO)
1- Last bearish trend was from 46.50 $ (2/14/2014) to 41.50 $ (2/26/2014) a 5.00 $ move 2- The current bullish trend started from 41.50 $ at 2/26/2014 and is currently trading at 42.05 $.
3- 6294.TWO current support level is at 41.50 which is the 0.00 % fibonacci retracement of the last 5.00 $ move.
4- 6294.TWO current resistance level is at 42.68 which is the 23.60 % fibonacci retracement of the last 5.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
TEKOM TECHNOLOGIES TWD10 (6294.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 41.500 and 32.350 that was broken down at 41.750 transforming into a resistance line.
TEKOM TECHNOLOGIES TWD10 (6294.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 29.900 and 24.250 that was broken down at 43.350 transforming into a resistance line.
TEKOM TECHNOLOGIES TWD10 (6294.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TEKOM TECHNOLOGIES TWD10 (6294.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 : 42.68, 43.41, 44.00, 44.59, 44.68, 46.50, 47.86, 49.59, 50.17.
Stock Support levels : 41.92, 41.84, 41.78, 41.71, 41.50,.