Today we will analyze the stock TATUNG SYSTEM TECH TWD10 (8099.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TATUNG SYSTEM TECH TWD10 (8099.TWO)
1- Last bullish trend was from 27.40 $ (2/14/2014) to 29.60 $ (2/19/2014) a 2.20 $ move 2- The current bearish trend started from 29.60 $ at 2/19/2014 and is currently trading at 27.70 $.
3- 8099.TWO current support level is at 27.40 which is the 100.00 % fibonacci retracement of the last 2.20 $ move.
4- 8099.TWO current resistance level is at 28.24 which is the 61.80 % fibonacci retracement of the last 2.20 $ 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.
TATUNG SYSTEM TECH TWD10 (8099.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 29.600 and 30.000, and is currently resisting at 29.311.
TATUNG SYSTEM TECH TWD10 (8099.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 29.600 and 30.000, and is currently resisting at 29.311.
TATUNG SYSTEM TECH TWD10 (8099.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 21.000 and 20.400, and is currently supporting at 21.950.

Stock Trading Conclusion:
TATUNG SYSTEM TECH TWD10 (8099.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 28.15, 28.24, 28.43, 28.50, 28.65, 28.76, 28.87, 29.08, 29.31, 29.60,.
Stock Support levels : 27.40, 26.80, 26.04,.