Today we will analyze the stock UTD RADIANT TECHNO TWD10 (5315.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in UTD RADIANT TECHNO TWD10 (5315.TWO)
1- Last bearish trend was from 7.47 $ (2/20/2014) to 6.90 $ (3/4/2014) a 0.57 $ move 2- The current bullish trend started from 6.90 $ at 3/4/2014 and is currently trading at 6.95 $.
3- 5315.TWO current support level is at 6.90 which is the 0.00 % fibonacci retracement of the last 0.57 $ move.
4- 5315.TWO current resistance level is at 7.03 which is the 23.60 % fibonacci retracement of the last 0.57 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
UTD RADIANT TECHNO TWD10 (5315.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.900 and 6.010 that was broken down at 7.020 transforming into a resistance line.
UTD RADIANT TECHNO TWD10 (5315.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.010 and 5.100, and is currently supporting at 6.866.
UTD RADIANT TECHNO TWD10 (5315.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 6.010 and 3.770,resistance between 6.750 and 4.180, the stock channel is currently supported from below by 6.773 and resisted from above by 7.821.

Stock Trading Conclusion:
UTD RADIANT TECHNO TWD10 (5315.TWO) was trading in a strong bullish 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 : 7.03, 7.12, 7.18, 7.20, 7.25, 7.47, 7.63, 7.82.
Stock Support levels : 6.94, 6.93, 6.93, 6.92, 6.90,.