Today we will analyze the stock GLORIA MATERIAL TE TWD10 (5009.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in GLORIA MATERIAL TE TWD10 (5009.TWO)
1- Last bullish trend was from 23.95 $ (2/28/2014) to 24.90 $ (3/4/2014) a 0.95 $ move 2- The current bearish trend started from 24.90 $ at 3/4/2014 and is currently trading at 23.05 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GLORIA MATERIAL TE TWD10 (5009.TWO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 4.150 $ height triangle which was broken down at 24.200, target of the pattern is 20.050.
GLORIA MATERIAL TE TWD10 (5009.TWO) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bullish stock channel identifed by support at 20.750 and 19.350,resistance between 25.250 and 22.100 which was broken down at 23.500 in higher than usual volume.
GLORIA MATERIAL TE TWD10 (5009.TWO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 19.350 and 17.590, and is currently supporting at 21.628.

Stock Trading Conclusion:
GLORIA MATERIAL TE TWD10 (5009.TWO) was trading in a strong 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 : 23.49, 23.75, 23.76, 23.97, 24.19, 24.43, 24.90.
Stock Support levels : 21.96, 21.63,.