Today we will analyze the stock HON YI PRECISION I TWD10 (4530.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HON YI PRECISION I TWD10 (4530.TWO)
1- Last bullish trend was from 7.10 $ (2/13/2014) to 8.40 $ (2/20/2014) a 1.30 $ move 2- The current bearish trend started from 8.40 $ at 2/20/2014 and is currently trading at 7.10 $.
3- 4530.TWO current support level is at 6.75 which is the 127.20 % fibonacci retracement of the last 1.30 $ move.
4- 4530.TWO current resistance level is at 7.10 which is the 100.00 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
HON YI PRECISION I TWD10 (4530.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 7.100 and 6.200 that was broken down at 7.900 transforming into a resistance line.
HON YI PRECISION I TWD10 (4530.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.100 and 6.200 that was broken down at 7.900 transforming into a resistance line.
HON YI PRECISION I TWD10 (4530.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.100 and 6.200 that was broken down at 7.900 transforming into a resistance line.

Stock Trading Conclusion:
HON YI PRECISION I TWD10 (4530.TWO) was trading in a bearish 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 : 7.41, 7.60, 7.75, 7.90, 7.90, 8.09, 8.40, 9.29,.
Stock Support levels : 6.75,.