Today we will analyze the stock AMPIRE CO TWD10 (8049.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in AMPIRE CO TWD10 (8049.TWO)
1- Last bullish trend was from 7.36 $ (2/5/2014) to 10.30 $ (2/26/2014) a 2.94 $ move 2- The current bearish trend started from 10.30 $ at 2/26/2014 and is currently trading at 9.65 $.
3- 8049.TWO current support level is at 9.61 which is the 23.60 % fibonacci retracement of the last 2.94 $ move.
4- 8049.TWO current resistance level is at 10.30 which is the 0.00 % fibonacci retracement of the last 2.94 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
AMPIRE CO TWD10 (8049.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 7.360 and 7.300, and is currently supporting at 7.415.
AMPIRE CO TWD10 (8049.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.360 and 6.550, and is currently supporting at 7.855.
AMPIRE CO TWD10 (8049.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.380 $ height triangle which was broken up at 8.040 in higher than usual volume, target of the pattern is 10.420.

Stock Trading Conclusion:
AMPIRE CO TWD10 (8049.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 : 9.80, 9.90, 9.98, 10.05, 10.30, 10.42.
Stock Support levels : 9.61, 9.18, 8.83, 8.48, 7.86, 7.79, 7.41, 7.36, 6.56,.