Today we will analyze the stock YUFO ELECTRONICS C TWD10 (6194.TWO) for internet stock trading in the TWO stock market,
Stock Technical indicators to notice in YUFO ELECTRONICS C TWD10 (6194.TWO)
1- Last bearish trend was from 20.35 $ (2/12/2014) to 19.70 $ (2/20/2014) a 0.65 $ move 2- The current bullish trend started from 19.70 $ at 2/20/2014 and is currently trading at 20.00 $.
3- 6194.TWO current support level is at 19.95 which is the 38.20 % fibonacci retracement of the last 0.65 $ move.
4- 6194.TWO current resistance level is at 20.03 which is the 50.00 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
YUFO ELECTRONICS C TWD10 (6194.TWO) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 19.700 and 18.850, and is currently supporting at 19.876.
YUFO ELECTRONICS C TWD10 (6194.TWO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 3.090 $ height triangle which was broken up at 19.600 in higher than usual volume, target of the pattern is 22.690.
YUFO ELECTRONICS C TWD10 (6194.TWO) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 18.140 .
10- The Stock formed a 3.800 $ height triangle which was broken up at 19.750, target of the pattern is 23.550.

Stock Trading Conclusion:
YUFO ELECTRONICS C TWD10 (6194.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 : 20.03, 20.10, 20.35, 20.53, 20.75, 22.69, 23.55.
Stock Support levels : 19.95, 19.93, 19.89, 19.88, 19.85, 19.85, 19.81, 19.70, 19.68, 18.84,.