Today we will analyze the stock YUAN HIGH-TECH DEV TWD10 (5474.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in YUAN HIGH-TECH DEV TWD10 (5474.TWO)
1- Last bullish trend was from 45.20 $ (2/25/2014) to 48.70 $ (3/6/2014) a 3.50 $ move 2- The current bearish trend started from 48.70 $ at 3/6/2014 and is currently trading at 47.40 $.
3- 5474.TWO current support level is at 47.36 which is the 38.20 % fibonacci retracement of the last 3.50 $ move.
4- 5474.TWO current resistance level is at 47.87 which is the 23.60 % fibonacci retracement of the last 3.50 $ move.
5- 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.
YUAN HIGH-TECH DEV TWD10 (5474.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 45.200 and 44.000, and is currently supporting at 47.360.
YUAN HIGH-TECH DEV TWD10 (5474.TWO) Mid term stock chart patterns for internet stock trading :

None.
YUAN HIGH-TECH DEV TWD10 (5474.TWO) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 42.900 and 34.700,resistance between 53.900 and 44.100, the stock channel is currently supported from below by 46.236 and resisted from above by 60.534.

Stock Trading Conclusion:
YUAN HIGH-TECH DEV TWD10 (5474.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 : 47.71, 47.87, 47.90, 48.05, 48.20, 48.70,.
Stock Support levels : 47.36, 47.36, 46.95, 46.54, 45.20, 44.25,.