Today we will analyze the stock YUNSHIN CONSTRUCT TWD10 (5508.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in YUNSHIN CONSTRUCT TWD10 (5508.TWO)
1- Last bearish trend was from 73.00 $ (12/30/2013) to 70.80 $ (1/21/2014) a 2.20 $ move 2- The current bullish trend started from 70.80 $ at 1/21/2014 and is currently trading at 72.40 $.
3- 5508.TWO current support level is at 72.16 which is the 61.80 % fibonacci retracement of the last 2.20 $ move.
4- 5508.TWO current resistance level is at 73.00 which is the 100.00 % fibonacci retracement of the last 2.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
YUNSHIN CONSTRUCT TWD10 (5508.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 73.000 .
7- The Stock formed a 4.100 $ height triangle which was broken down at 72.800, target of the pattern is 68.700.
YUNSHIN CONSTRUCT TWD10 (5508.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 67.600 and 58.210 that was broken down at 71.600 transforming into a resistance line.
YUNSHIN CONSTRUCT TWD10 (5508.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 58.210 and 42.680 that was broken down at 72.500 transforming into a resistance line.

Stock Trading Conclusion:
YUNSHIN CONSTRUCT TWD10 (5508.TWO) was trading in a strong bullish wave, which is becoming stronger .
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 : 72.81, 72.89, 73.00, 73.55, 73.60, 74.36, 74.50, 87.05.
Stock Support levels : 72.16, 72.02, 71.90, 71.79, 71.64, 71.60, 71.41, 71.32, 70.80,.