Today we will analyze the stock TELEFONICA ARGENTINA B 1V (TEAR2.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in TELEFONICA ARGENTINA B 1V (TEAR2.BA)
1- Last bearish trend was from 9.40 $ (11/20/2009) to 9.05 $ (12/1/2009) a 0.35 $ move 2- The current bullish trend started from 9.05 $ at 12/1/2009 and is currently trading at 10.00 $.
3- According to ADX Indicator, the trend is currently strong bullish, 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.
TELEFONICA ARGENTINA B 1V (TEAR2.BA) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 9.400 and 9.500 that was broken up at 9.600 transforming into a supporting line.
TELEFONICA ARGENTINA B 1V (TEAR2.BA) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 1.000 $ height triangle which was broken up at 9.600, target of the pattern is 10.600.
TELEFONICA ARGENTINA B 1V (TEAR2.BA) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.000 and 8.500, and is currently supporting at 9.117.

Stock Trading Conclusion:
TELEFONICA ARGENTINA B 1V (TEAR2.BA) was trading in a strong bullish 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 : 10.60.
Stock Support levels : 9.78, 9.64, 9.52, 9.41, 9.17, 9.14, 9.12, 9.10,.