Today we will analyze the stock CARTERA IND REA (16229201.BC) for internet stock trading in the BC stock market,
Stock Technical indicators to notice in CARTERA IND REA (16229201.BC)
1- Last bullish trend was from 2.78 $ (12/18/2009) to 3.00 $ (12/28/2009) a 0.22 $ move 2- The current bearish trend started from 3.00 $ at 12/28/2009 and is currently trading at 2.90 $.
3- 16229201.BC current support level is at 2.89 which is the 50.00 % fibonacci retracement of the last 0.22 $ move.
4- 16229201.BC current resistance level is at 2.92 which is the 38.20 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
6- Bullish Divergance in MACD Indicator .
CARTERA IND REA (16229201.BC) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.000 and 3.400, and is currently resisting at 2.943.
CARTERA IND REA (16229201.BC) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.780 and 2.700, and is currently supporting at 2.788.
CARTERA IND REA (16229201.BC) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 2.700 and 2.510 that was broken down at 3.000 transforming into a resistance line.

Stock Trading Conclusion:
CARTERA IND REA (16229201.BC) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 2.92, 2.92, 2.94, 2.94, 2.95, 2.95, 2.96, 3.00, 6.75.
Stock Support levels : 2.89, 2.86, 2.79, 2.78, 2.72,.