Today we will analyze the stock MECHEMA CHEMICALS TWD10 (4721.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in MECHEMA CHEMICALS TWD10 (4721.TWO)
1- Last bearish trend was from 23.85 $ (2/10/2014) to 22.60 $ (2/25/2014) a 1.25 $ move 2- The current bullish trend started from 22.60 $ at 2/25/2014 and is currently trading at 25.70 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
MECHEMA CHEMICALS TWD10 (4721.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 22.600 and 21.950, and is currently supporting at 22.758.
MECHEMA CHEMICALS TWD10 (4721.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 21.250 and 20.200, and is currently supporting at 24.400.
MECHEMA CHEMICALS TWD10 (4721.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 21.250 and 19.170, and is currently supporting at 22.345.

Stock Trading Conclusion:
MECHEMA CHEMICALS TWD10 (4721.TWO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 24.97, 24.52, 24.40, 24.15, 23.78, 22.76, 22.60,.