Today we will analyze the stock UTECHZONE CO. LTD TWD10 (3455.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in UTECHZONE CO. LTD TWD10 (3455.TWO)
1- Last bullish trend was from 25.80 $ (2/11/2014) to 27.70 $ (2/28/2014) a 1.90 $ move 2- The current bearish trend started from 27.70 $ at 2/28/2014 and is currently trading at 26.40 $.
3- 3455.TWO current support level is at 25.80 which is the 100.00 % fibonacci retracement of the last 1.90 $ move.
4- 3455.TWO current resistance level is at 26.53 which is the 61.80 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
UTECHZONE CO. LTD TWD10 (3455.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 27.700 and 28.700, and is currently resisting at 27.500.
UTECHZONE CO. LTD TWD10 (3455.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 6.400 $ height triangle which was broken down at 26.400, target of the pattern is 20.000.
UTECHZONE CO. LTD TWD10 (3455.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 8.450 $ height triangle.

Stock Trading Conclusion:
UTECHZONE CO. LTD TWD10 (3455.TWO) was trading in a strong 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 : 26.52, 26.53, 26.71, 26.75, 26.90, 26.97, 27.05, 27.20, 27.25, 27.50, 27.70,.
Stock Support levels : 25.80, 25.28, 24.63,.