Today we will analyze the stock HYWEB TECHNOLOGY TWD10 (5212.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in HYWEB TECHNOLOGY TWD10 (5212.TWO)
1- Last bullish trend was from 14.30 $ (2/19/2014) to 14.85 $ (2/28/2014) a 0.55 $ move 2- The current bearish trend started from 14.85 $ at 2/28/2014 and is currently trading at 14.25 $.
3- 5212.TWO current support level is at 14.15 which is the 127.20 % fibonacci retracement of the last 0.55 $ move.
4- 5212.TWO current resistance level is at 14.30 which is the 100.00 % fibonacci retracement of the last 0.55 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
HYWEB TECHNOLOGY TWD10 (5212.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.300 $ height triangle which was broken down at 14.600, target of the pattern is 12.300.
HYWEB TECHNOLOGY TWD10 (5212.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 13.200 and 12.750, and is currently supporting at 13.419.
HYWEB TECHNOLOGY TWD10 (5212.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 13.200 and 12.700,resistance between 14.700 and 14.200, the stock channel is currently supported from below by 13.310 and resisted from above by 14.963.

Stock Trading Conclusion:
HYWEB TECHNOLOGY TWD10 (5212.TWO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 14.30, 14.39, 14.48, 14.51, 14.55, 14.58, 14.62, 14.64, 14.72, 14.85, 16.68.
Stock Support levels : 14.15, 13.96, 13.42,.