Today we will analyze the stock TACHIA YUNG HO MAC TWD10 (2221.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in TACHIA YUNG HO MAC TWD10 (2221.TWO)
1- Last bullish trend was from 13.55 $ (2/5/2014) to 14.20 $ (2/21/2014) a 0.65 $ move 2- The current bearish trend started from 14.20 $ at 2/21/2014 and is currently trading at 14.05 $.
3- 2221.TWO current support level is at 14.05 which is the 23.60 % fibonacci retracement of the last 0.65 $ move.
4- 2221.TWO current resistance level is at 14.20 which is the 0.00 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently 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.
6- Bearish Divergance in MACD Indicator .
TACHIA YUNG HO MAC TWD10 (2221.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 1.300 $ height triangle.
TACHIA YUNG HO MAC TWD10 (2221.TWO) Mid term stock chart patterns for internet stock trading :

None.
TACHIA YUNG HO MAC TWD10 (2221.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 16.500 and 17.900, and is currently resisting at 15.564.

Stock Trading Conclusion:
TACHIA YUNG HO MAC TWD10 (2221.TWO) was trading in a bullish 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 : 14.09, 14.11, 14.13, 14.14, 14.20, 15.56.
Stock Support levels : 14.05, 13.95, 13.88, 13.80, 13.55, 13.37,.