Today we will analyze the stock TAIWAN HOPAX CHEMS TWD10 (6509.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TAIWAN HOPAX CHEMS TWD10 (6509.TWO)
1- Last bullish trend was from 21.50 $ (2/25/2014) to 25.65 $ (3/6/2014) a 4.15 $ move 2- The current bearish trend started from 25.65 $ at 3/6/2014 and is currently trading at 24.70 $.
3- 6509.TWO current support level is at 24.67 which is the 23.60 % fibonacci retracement of the last 4.15 $ move.
4- 6509.TWO current resistance level is at 25.65 which is the 0.00 % fibonacci retracement of the last 4.15 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
TAIWAN HOPAX CHEMS TWD10 (6509.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 21.500 and 18.900, and is currently supporting at 23.060.
TAIWAN HOPAX CHEMS TWD10 (6509.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 21.250 and 22.300 that was broken up at 19.150 transforming into a supporting line.
TAIWAN HOPAX CHEMS TWD10 (6509.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 18.900 and 16.760, and is currently supporting at 19.247.

Stock Trading Conclusion:
TAIWAN HOPAX CHEMS TWD10 (6509.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 24.92, 25.06, 25.17, 25.29, 25.65,.
Stock Support levels : 24.67, 24.06, 23.58, 23.09, 23.06, 21.50, 20.37, 19.25, 18.94,.