Today we will analyze the stock U-BEST POLYMER IND TWD10 (4714.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in U-BEST POLYMER IND TWD10 (4714.TWO)
1- Last bullish trend was from 14.55 $ (2/17/2014) to 17.25 $ (2/26/2014) a 2.70 $ move 2- The current bearish trend started from 17.25 $ at 2/26/2014 and is currently trading at 16.95 $.
3- 4714.TWO current support level is at 16.61 which is the 23.60 % fibonacci retracement of the last 2.70 $ move.
4- 4714.TWO current resistance level is at 17.25 which is the 0.00 % fibonacci retracement of the last 2.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
U-BEST POLYMER IND TWD10 (4714.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.550 and 14.300, and is currently supporting at 15.300.
U-BEST POLYMER IND TWD10 (4714.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 14.300 and 11.600,resistance between 15.350 and 12.500 which was broken up at 17.250 in higher than usual volume.
U-BEST POLYMER IND TWD10 (4714.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 11.450 and 10.350, and is currently supporting at 13.540.

Stock Trading Conclusion:
U-BEST POLYMER IND TWD10 (4714.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 : 17.02, 17.06, 17.10, 17.14, 17.25,.
Stock Support levels : 16.69, 16.61, 16.22, 15.90, 15.58, 15.30, 14.55, 13.82, 13.54,.