Today we will analyze the stock SHANYUAN CO. LTD. TWD10 (4416.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in SHANYUAN CO. LTD. TWD10 (4416.TWO)
1- Last bearish trend was from 139.00 $ (1/15/2014) to 129.00 $ (2/7/2014) a 10.00 $ move 2- The current bullish trend started from 129.00 $ at 2/7/2014 and is currently trading at 139.50 $.
3- 4416.TWO current support level is at 139.00 which is the 100.00 % fibonacci retracement of the last 10.00 $ move.
4- 4416.TWO current resistance level is at 141.72 which is the 127.20 % fibonacci retracement of the last 10.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SHANYUAN CO. LTD. TWD10 (4416.TWO) Short term stock chart patterns for internet stock trading :

None.
SHANYUAN CO. LTD. TWD10 (4416.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 129.000 and 113.500, and is currently supporting at 134.167.
SHANYUAN CO. LTD. TWD10 (4416.TWO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SHANYUAN CO. LTD. TWD10 (4416.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 141.72, 145.18.
Stock Support levels : 139.00, 137.02, 135.49, 135.18, 134.25, 134.17, 134.00, 133.01, 132.82, 131.36, 129.00,.