Today we will analyze the stock CHIEN WEI PRECISE TWD10 (8092.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in CHIEN WEI PRECISE TWD10 (8092.TWO)
1- Last bullish trend was from 24.60 $ (2/7/2014) to 26.60 $ (2/19/2014) a 2.00 $ move 2- The current bearish trend started from 26.60 $ at 2/19/2014 and is currently trading at 23.70 $.
3- 8092.TWO current support level is at 23.36 which is the 161.80 % fibonacci retracement of the last 2.00 $ move.
4- 8092.TWO current resistance level is at 24.06 which is the 127.20 % fibonacci retracement of the last 2.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CHIEN WEI PRECISE TWD10 (8092.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 24.600 and 15.500 that was broken down at 26.300 transforming into a resistance line.
CHIEN WEI PRECISE TWD10 (8092.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.000 and 9.550, and is currently supporting at 11.620.
CHIEN WEI PRECISE TWD10 (8092.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 10.000 and 9.550, and is currently supporting at 11.620.

Stock Trading Conclusion:
CHIEN WEI PRECISE TWD10 (8092.TWO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 24.06, 24.38, 24.60, 24.81, 25.15, 25.36, 25.49, 25.60, 25.84, 26.13, 26.60, 29.95.
Stock Support levels : 23.36, 11.62,.