Today we will analyze the stock CVILUX CORPORATION TWD10 (8103.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in CVILUX CORPORATION TWD10 (8103.TWO)
1- Last bullish trend was from 30.90 $ (9/10/2009) to 37.80 $ (9/25/2009) a 6.90 $ move 2- The current bearish trend started from 37.80 $ at 9/25/2009 and is currently trading at 36.00 $.
3- 8103.TWO current support level is at 35.16 which is the 38.20 % fibonacci retracement of the last 6.90 $ move.
4- 8103.TWO current resistance level is at 36.17 which is the 23.60 % fibonacci retracement of the last 6.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CVILUX CORPORATION TWD10 (8103.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 30.900 and 27.900,resistance between 37.800 and 33.300, the stock channel is currently supported from below by 34.500 and resisted from above by 38.121.
CVILUX CORPORATION TWD10 (8103.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 30.900 and 27.900, and is currently supporting at 34.500.
CVILUX CORPORATION TWD10 (8103.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 11.450 $ height triangle which was broken up at 32.000 in higher than usual volume, target of the pattern is 43.450.

Stock Trading Conclusion:
CVILUX CORPORATION TWD10 (8103.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 36.17, 36.42, 36.69, 36.90, 37.11, 37.80, 43.45.
Stock Support levels : 35.16, 34.50, 34.35, 33.54, 30.90, 30.36, 29.02,.