Today we will analyze the stock ALCOR MICRO CORP TWD10 (8054.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ALCOR MICRO CORP TWD10 (8054.TWO)
1- Last bearish trend was from 34.95 $ (2/18/2014) to 33.50 $ (3/5/2014) a 1.45 $ move 2- The current bullish trend started from 33.50 $ at 3/5/2014 and is currently trading at 36.00 $.
3- According to ADX Indicator, the trend is currently 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.
ALCOR MICRO CORP TWD10 (8054.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 4.350 $ height triangle which was broken up at 35.800 in higher than usual volume, target of the pattern is 40.150.
ALCOR MICRO CORP TWD10 (8054.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bullish stock channel identifed by support at 33.250 and 26.100,resistance between 37.600 and 30.150, the stock channel is currently supported from below by 34.827 and resisted from above by 41.460.
ALCOR MICRO CORP TWD10 (8054.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 26.100 and 24.550, and is currently supporting at 27.938.

Stock Trading Conclusion:
ALCOR MICRO CORP TWD10 (8054.TWO) was trading in a 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 : 40.15.
Stock Support levels : 35.41, 35.04, 34.75, 34.46, 33.67, 33.50,.