Today we will analyze the stock HONMYUE ENTERPRISE TWD10 (1474.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in HONMYUE ENTERPRISE TWD10 (1474.TW)
1- Last bearish trend was from 9.81 $ (11/27/2013) to 8.69 $ (2/5/2014) a 1.12 $ move 2- The current bullish trend started from 8.69 $ at 2/5/2014 and is currently trading at 8.91 $.
3- 1474.TW current support level is at 8.69 which is the 0.00 % fibonacci retracement of the last 1.12 $ move.
4- 1474.TW current resistance level is at 8.95 which is the 23.60 % fibonacci retracement of the last 1.12 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HONMYUE ENTERPRISE TWD10 (1474.TW) Short term stock chart patterns for internet stock trading :

None.
HONMYUE ENTERPRISE TWD10 (1474.TW) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.610 and 8.160 that was broken down at 9.000 transforming into a resistance line.
HONMYUE ENTERPRISE TWD10 (1474.TW) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.610 and 8.160 that was broken down at 9.000 transforming into a resistance line.

Stock Trading Conclusion:
HONMYUE ENTERPRISE TWD10 (1474.TW) was trading in a 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 : 8.95, 9.12, 9.25, 9.38, 9.52, 9.81, 10.11, 10.50.
Stock Support levels : 8.86, 8.83, 8.80, 8.77, 8.69,.