Today we will analyze the stock IBASE TECHNOLOGY TWD10 (8050.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in IBASE TECHNOLOGY TWD10 (8050.TWO)
1- Last bearish trend was from 49.15 $ (1/8/2014) to 45.10 $ (1/24/2014) a 4.05 $ move 2- The current bullish trend started from 45.10 $ at 1/24/2014 and is currently trading at 69.40 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
IBASE TECHNOLOGY TWD10 (8050.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 45.100 and 39.050, and is currently supporting at 49.268.
IBASE TECHNOLOGY TWD10 (8050.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 45.100 and 39.050, and is currently supporting at 49.268.
IBASE TECHNOLOGY TWD10 (8050.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 39.050 and 32.200,resistance between 44.150 and 36.670 which was broken up at 53.900 in higher than usual volume.

Stock Trading Conclusion:
IBASE TECHNOLOGY TWD10 (8050.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 : .
Stock Support levels : 63.67, 60.12, 57.25, 55.15, 54.38, 49.27,.