Today we will analyze the stock PCHOME ONLINE INC. TWD10 (8044.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PCHOME ONLINE INC. TWD10 (8044.TWO)
1- Last bearish trend was from 247.50 $ (3/6/2014) to 239.00 $ (3/7/2014) a 8.50 $ move 2- The current bullish trend started from 239.00 $ at 3/7/2014 and is currently trading at 248.00 $.
3- 8044.TWO current support level is at 247.50 which is the 100.00 % fibonacci retracement of the last 8.50 $ move.
4- 8044.TWO current resistance level is at 249.81 which is the 127.20 % fibonacci retracement of the last 8.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PCHOME ONLINE INC. TWD10 (8044.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 239.000 and 199.500, and is currently supporting at 242.591.
PCHOME ONLINE INC. TWD10 (8044.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 26.500 $ height triangle which was broken up at 211.500 in higher than usual volume, target of the pattern is 238.000.
PCHOME ONLINE INC. TWD10 (8044.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 198.000 and 156.500, and is currently supporting at 209.000.

Stock Trading Conclusion:
PCHOME ONLINE INC. TWD10 (8044.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : 249.81, 252.75.
Stock Support levels : 247.50, 245.88, 244.56, 244.25, 243.50, 243.25, 242.59, 242.44, 242.25, 241.01, 239.00, 209.00,.