Today we will analyze the stock UNIVERSAL VISION B TWD10 (3218.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in UNIVERSAL VISION B TWD10 (3218.TWO)
1- Last bullish trend was from 38.00 $ (3/3/2014) to 39.20 $ (3/5/2014) a 1.20 $ move 2- The current bearish trend started from 39.20 $ at 3/5/2014 and is currently trading at 37.00 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
UNIVERSAL VISION B TWD10 (3218.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 38.000 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 39.200 and 39.500, and is currently resisting at 39.071.
UNIVERSAL VISION B TWD10 (3218.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 24.550 and 22.700, and is currently supporting at 29.286.
UNIVERSAL VISION B TWD10 (3218.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
UNIVERSAL VISION B TWD10 (3218.TWO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 37.52, 37.84, 38.00, 38.10, 38.36, 39.07, 39.20.
Stock Support levels : 29.29.