Today we will analyze the stock CONCESIONARIO OESTE B (OEST.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in CONCESIONARIO OESTE B (OEST.BA)
1- Last bullish trend was from 2.39 $ (2/13/2014) to 2.50 $ (2/27/2014) a 0.11 $ move 2- The current bearish trend started from 2.50 $ at 2/27/2014 and is currently trading at 2.39 $.
3- OEST.BA current support level is at 2.36 which is the 127.20 % fibonacci retracement of the last 0.11 $ move.
4- OEST.BA current resistance level is at 2.39 which is the 100.00 % fibonacci retracement of the last 0.11 $ 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- Bearish Divergance in MACD Indicator .
CONCESIONARIO OESTE B (OEST.BA) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.300 $ height triangle which was broken down at 2.390 in higher than usual volume, target of the pattern is 2.090.
CONCESIONARIO OESTE B (OEST.BA) Mid term stock chart patterns for internet stock trading :

CONCESIONARIO OESTE B (OEST.BA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.650 and 3.000, and is currently resisting at 2.575.

Stock Trading Conclusion:
CONCESIONARIO OESTE B (OEST.BA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 2.42, 2.43, 2.43, 2.43, 2.45, 2.46, 2.47, 2.50, 2.58.
Stock Support levels : 2.36, 2.32,.