Today we will analyze the stock ME KE LONG CHEM IN TWD10 (4703.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in ME KE LONG CHEM IN TWD10 (4703.TWO)
1- Last bearish trend was from 75.00 $ (1/21/2014) to 70.00 $ (2/11/2014) a 5.00 $ move 2- The current bullish trend started from 70.00 $ at 2/11/2014 and is currently trading at 84.50 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
4- Bearish Divergance in MACD Indicator .
ME KE LONG CHEM IN TWD10 (4703.TWO) Short term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 70.000 and 53.800, and is currently supporting at 78.794.
ME KE LONG CHEM IN TWD10 (4703.TWO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 70.000 and 53.800, and is currently supporting at 78.794.
ME KE LONG CHEM IN TWD10 (4703.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 53.800 and 26.280,resistance between 59.900 and 34.020 which was broken up at 85.900 in higher than usual volume.

Stock Trading Conclusion:
ME KE LONG CHEM IN TWD10 (4703.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 83.73, 81.08, 78.96, 78.79, 77.25, 75.54,.