Today we will analyze the stock YOSUN INDUSTRIAL C TWD10 (2403.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in YOSUN INDUSTRIAL C TWD10 (2403.TW)
1- Last bullish trend was from 48.45 $ (11/2/2010) to 51.20 $ (11/5/2010) a 2.75 $ move 2- The current bearish trend started from 51.20 $ at 11/5/2010 and is currently trading at 49.40 $.
3- 2403.TW current support level is at 48.45 which is the 100.00 % fibonacci retracement of the last 2.75 $ move.
4- 2403.TW current resistance level is at 49.50 which is the 61.80 % fibonacci retracement of the last 2.75 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
YOSUN INDUSTRIAL C TWD10 (2403.TW) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 48.450 and 53.700,resistance between 51.200 and 55.600 which was broken up at 49.400.
YOSUN INDUSTRIAL C TWD10 (2403.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 15.720 $ height triangle which was broken down at 56.400, target of the pattern is 40.680.
YOSUN INDUSTRIAL C TWD10 (2403.TW) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 18.550 $ height triangle which was broken down at 55.600, target of the pattern is 37.050.

Stock Trading Conclusion:
YOSUN INDUSTRIAL C TWD10 (2403.TW) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 49.50, 49.82, 49.83, 50.09, 50.15, 50.30, 50.51, 50.55, 51.20, 58.54, 59.51.
Stock Support levels : 48.45, 47.70, 46.75, 46.07, 40.68,.