Today we will analyze the stock CIA.IND.CERVECERA (CVZA.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in CIA.IND.CERVECERA (CVZA.BA)
1- Last bullish trend was from 1.50 $ (10/18/2010) to 22.00 $ (10/28/2010) a 20.50 $ move 2- The current bearish trend started from 22.00 $ at 10/28/2010 and is currently trading at 4.00 $.
3- CVZA.BA current support level is at 1.50 which is the 100.00 % fibonacci retracement of the last 20.50 $ move.
4- CVZA.BA current resistance level is at 9.33 which is the 61.80 % fibonacci retracement of the last 20.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CIA.IND.CERVECERA (CVZA.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.500 and 1.100, and is currently supporting at 2.100.
CIA.IND.CERVECERA (CVZA.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.500 and 1.100, and is currently supporting at 2.100.
CIA.IND.CERVECERA (CVZA.BA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.500 and 1.100, and is currently supporting at 2.100.

Stock Trading Conclusion:
CIA.IND.CERVECERA (CVZA.BA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.25, 9.33, 10.88, 11.75, 13.00, 14.17, 15.12, 17.16, 22.00,.
Stock Support levels : 2.10, 1.50, -4.08,.