Today we will analyze the stock HERNG YIH FOOD IND TWD10 (4205.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HERNG YIH FOOD IND TWD10 (4205.TWO)
1- Last bullish trend was from 31.80 $ (8/29/2013) to 41.90 $ (9/6/2013) a 10.10 $ move 2- The current bearish trend started from 41.90 $ at 9/6/2013 and is currently trading at 39.00 $.
3- 4205.TWO current support level is at 38.04 which is the 38.20 % fibonacci retracement of the last 10.10 $ move.
4- 4205.TWO current resistance level is at 39.52 which is the 23.60 % fibonacci retracement of the last 10.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
HERNG YIH FOOD IND TWD10 (4205.TWO) Short term stock chart patterns for internet stock trading :

None.
HERNG YIH FOOD IND TWD10 (4205.TWO) Mid term stock chart patterns for internet stock trading :

None.
HERNG YIH FOOD IND TWD10 (4205.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 35.430 and 36.040 that was broken up at 40.850 transforming into a supporting line.

Stock Trading Conclusion:
HERNG YIH FOOD IND TWD10 (4205.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 39.52, 39.68, 40.11, 40.45, 40.79, 41.90,.
Stock Support levels : 38.04, 36.85, 35.66, 34.35, 31.80, 29.05,.