Today we will analyze the stock FEEDBACK TECHNOLOG TWD10 (8091.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in FEEDBACK TECHNOLOG TWD10 (8091.TWO)
1- Last bullish trend was from 54.50 $ (2/14/2014) to 57.70 $ (3/6/2014) a 3.20 $ move 2- The current bearish trend started from 57.70 $ at 3/6/2014 and is currently trading at 55.10 $.
3- 8091.TWO current support level is at 54.50 which is the 100.00 % fibonacci retracement of the last 3.20 $ move.
4- 8091.TWO current resistance level is at 55.72 which is the 61.80 % fibonacci retracement of the last 3.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FEEDBACK TECHNOLOG TWD10 (8091.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 54.500 .
7- The Stock formed a 3.600 $ height triangle.
FEEDBACK TECHNOLOG TWD10 (8091.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 52.400 and 51.000 that was broken down at 55.100 transforming into a resistance line.
FEEDBACK TECHNOLOG TWD10 (8091.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 68.640 and 69.100, and is currently resisting at 67.684.

Stock Trading Conclusion:
FEEDBACK TECHNOLOG TWD10 (8091.TWO) was trading in a bearish wave, which is becoming weaker .
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 : 55.71, 55.72, 55.95, 56.09, 56.10, 56.40, 56.48, 56.71, 56.94, 57.70, 67.68.
Stock Support levels : 54.50, 54.49, 54.47, 53.63,.