Today we will analyze the stock KORYO ELECTRONICS TWD10 (8032.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in KORYO ELECTRONICS TWD10 (8032.TWO)
1- Last bullish trend was from 36.55 $ (1/15/2014) to 41.15 $ (2/12/2014) a 4.60 $ move 2- The current bearish trend started from 41.15 $ at 2/12/2014 and is currently trading at 38.15 $.
3- 8032.TWO current support level is at 36.55 which is the 100.00 % fibonacci retracement of the last 4.60 $ move.
4- 8032.TWO current resistance level is at 38.31 which is the 61.80 % fibonacci retracement of the last 4.60 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
KORYO ELECTRONICS TWD10 (8032.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 36.550 and 34.550 that was broken down at 39.050 transforming into a resistance line.
KORYO ELECTRONICS TWD10 (8032.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 36.550 and 33.550,resistance between 41.150 and 39.150 which was broken down at 38.700 in higher than usual volume.
KORYO ELECTRONICS TWD10 (8032.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 33.100 and 20.270 that was broken down at 39.100 transforming into a resistance line.

Stock Trading Conclusion:
KORYO ELECTRONICS TWD10 (8032.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 : 38.31, 38.85, 38.86, 39.30, 39.39, 39.47, 39.65, 40.00, 40.06, 40.35, 41.00, 41.15,.
Stock Support levels : 36.55, 35.30,.