Today we will analyze the stock POLARIS MF GB FUTU TWD10 (6023.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in POLARIS MF GB FUTU TWD10 (6023.TWO)
1- Last bullish trend was from 32.50 $ (11/21/2013) to 36.80 $ (1/20/2014) a 4.30 $ move 2- The current bearish trend started from 36.80 $ at 1/20/2014 and is currently trading at 35.35 $.
3- 6023.TWO current support level is at 35.16 which is the 38.20 % fibonacci retracement of the last 4.30 $ move.
4- 6023.TWO current resistance level is at 35.79 which is the 23.60 % fibonacci retracement of the last 4.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
POLARIS MF GB FUTU TWD10 (6023.TWO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 32.500 and 32.100, and is currently supporting at 32.997.
POLARIS MF GB FUTU TWD10 (6023.TWO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 30.820 and 29.280,resistance between 36.800 and 33.170, the stock channel is currently supported from below by 34.130 and resisted from above by 37.372.
POLARIS MF GB FUTU TWD10 (6023.TWO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 29.280 and 32.000,resistance between 34.950 and 37.480 which was broken up at 31.920 in higher than usual volume.

Stock Trading Conclusion:
POLARIS MF GB FUTU TWD10 (6023.TWO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 35.69, 35.79, 35.90, 36.07, 36.25, 36.80,.
Stock Support levels : 35.16, 34.65, 34.14, 33.00, 32.50, 31.33, 29.84,.