Today we will analyze the stock HOMENEMA TECHNOLOG TWD10 (8087.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HOMENEMA TECHNOLOG TWD10 (8087.TWO)
1- Last bullish trend was from 8.01 $ (1/17/2014) to 8.87 $ (3/5/2014) a 0.86 $ move 2- The current bearish trend started from 8.87 $ at 3/5/2014 and is currently trading at 8.60 $.
3- 8087.TWO current support level is at 8.54 which is the 38.20 % fibonacci retracement of the last 0.86 $ move.
4- 8087.TWO current resistance level is at 8.67 which is the 23.60 % fibonacci retracement of the last 0.86 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
HOMENEMA TECHNOLOG TWD10 (8087.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.010 and 7.720 that was broken down at 8.800 transforming into a resistance line.
HOMENEMA TECHNOLOG TWD10 (8087.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 8.150 and 8.660 that was broken up at 8.080 transforming into a supporting line.
HOMENEMA TECHNOLOG TWD10 (8087.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.190 $ height triangle which was broken up at 8.580, target of the pattern is 10.770.

Stock Trading Conclusion:
HOMENEMA TECHNOLOG TWD10 (8087.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 : 8.66, 8.67, 8.70, 8.74, 8.77, 8.87, 8.88, 10.77.
Stock Support levels : 8.54, 8.51, 8.44, 8.34, 8.01, 7.78, 7.48,.