Today we will analyze the stock KITAI CONSTRUCTION TWD10 (6402.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in KITAI CONSTRUCTION TWD10 (6402.TWO)
1- Last bullish trend was from 0.44 $ (4/30/2009) to 0.47 $ (5/4/2009) a 0.03 $ move 2- The current bearish trend started from 0.47 $ at 5/4/2009 and is currently trading at 0.39 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bullish Divergance in MACD Indicator .
KITAI CONSTRUCTION TWD10 (6402.TWO) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.720 that was broken up at 0.390 transforming into a supporting line.
KITAI CONSTRUCTION TWD10 (6402.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.720 that was broken up at 0.390 transforming into a supporting line.
KITAI CONSTRUCTION TWD10 (6402.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.480 and 7.300,resistance between 0.720 and 8.570 which was broken up at 0.670 in higher than usual volume.

Stock Trading Conclusion:
KITAI CONSTRUCTION TWD10 (6402.TWO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.409, 0.421, 0.430, 0.439, 0.470.
Stock Support levels : -1.058,.