Today we will analyze the stock ENERMAX TECHNOLOGY TWD10 (8093.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ENERMAX TECHNOLOGY TWD10 (8093.TWO)
1- Last bullish trend was from 8.91 $ (2/14/2014) to 9.40 $ (2/19/2014) a 0.49 $ move 2- The current bearish trend started from 9.40 $ at 2/19/2014 and is currently trading at 9.12 $.
3- 8093.TWO current support level is at 9.10 which is the 61.80 % fibonacci retracement of the last 0.49 $ move.
4- 8093.TWO current resistance level is at 9.15 which is the 50.00 % fibonacci retracement of the last 0.49 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ENERMAX TECHNOLOGY TWD10 (8093.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 9.400 .
7- The Stock formed a 1.870 $ height triangle which was broken down at 9.400, target of the pattern is 7.530.
ENERMAX TECHNOLOGY TWD10 (8093.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.560 and 5.620, and is currently supporting at 8.407.
ENERMAX TECHNOLOGY TWD10 (8093.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 5.620 and 5.280, and is currently supporting at 6.075.

Stock Trading Conclusion:
ENERMAX TECHNOLOGY TWD10 (8093.TWO) was trading in a strong bullish 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 : 9.15, 9.19, 9.21, 9.23, 9.26, 9.28, 9.29, 9.32, 9.38, 9.40, 11.61.
Stock Support levels : 9.10, 8.91, 8.78, 8.61, 8.41, 7.53,.