Today we will analyze the stock CENTERENERGO SP ADR (DBG.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CENTERENERGO SP ADR (DBG.F)
1- Last bullish trend was from 4.34 $ (3/6/2014) to 4.75 $ (3/7/2014) a 0.41 $ move 2- The current bearish trend started from 4.75 $ at 3/7/2014 and is currently trading at 4.33 $.
3- DBG.F current support level is at 4.23 which is the 127.20 % fibonacci retracement of the last 0.41 $ move.
4- DBG.F current resistance level is at 4.34 which is the 100.00 % fibonacci retracement of the last 0.41 $ move.
5- 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.
CENTERENERGO SP ADR (DBG.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.840 $ height triangle which was broken down at 4.330, target of the pattern is 2.490.
CENTERENERGO SP ADR (DBG.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.840 $ height triangle which was broken down at 4.330, target of the pattern is 2.490.
CENTERENERGO SP ADR (DBG.F) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.340 and 3.560 that was broken down at 4.330 transforming into a resistance line.

Stock Trading Conclusion:
CENTERENERGO SP ADR (DBG.F) was trading in a strong bullish 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 : 4.34, 4.43, 4.48, 4.49, 4.50, 4.54, 4.55, 4.59, 4.59, 4.65, 4.75,.
Stock Support levels : 4.23, 4.09, 2.49,.