Today we will analyze the stock PRIME VIEW INTL CO TWD10 (8069.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in PRIME VIEW INTL CO TWD10 (8069.TWO)
1- Last bearish trend was from 17.25 $ (2/17/2014) to 16.50 $ (2/25/2014) a 0.75 $ move 2- The current bullish trend started from 16.50 $ at 2/25/2014 and is currently trading at 16.65 $.
3- 8069.TWO current support level is at 16.50 which is the 0.00 % fibonacci retracement of the last 0.75 $ move.
4- 8069.TWO current resistance level is at 16.68 which is the 23.60 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PRIME VIEW INTL CO TWD10 (8069.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 16.500 and 15.800 that was broken down at 16.750 transforming into a resistance line.
PRIME VIEW INTL CO TWD10 (8069.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 15.800 and 15.100, and is currently supporting at 16.124.
PRIME VIEW INTL CO TWD10 (8069.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.600 $ height triangle.

Stock Trading Conclusion:
PRIME VIEW INTL CO TWD10 (8069.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 16.68, 16.79, 16.88, 16.96, 17.13, 17.25, 17.45, 17.71.
Stock Support levels : 16.61, 16.59, 16.58, 16.56, 16.50,.