Today we will analyze the stock PT TELE SGPS SP.ADR (PTC.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PT TELE SGPS SP.ADR (PTC.F)
1- Last bullish trend was from 4.27 $ (1/9/2012) to 4.41 $ (1/10/2012) a 0.14 $ move 2- The current bearish trend started from 4.41 $ at 1/10/2012 and is currently trading at 3.70 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PT TELE SGPS SP.ADR (PTC.F) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 4.410 and 4.440, and is currently resisting at 4.275.
PT TELE SGPS SP.ADR (PTC.F) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.570 $ height triangle which was broken down at 4.200, target of the pattern is 3.630.
PT TELE SGPS SP.ADR (PTC.F) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.860 and 5.100, and is currently resisting at 4.543.

Stock Trading Conclusion:
PT TELE SGPS SP.ADR (PTC.F) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 3.87, 3.97, 4.05, 4.14, 4.27, 4.39, 4.41, 4.54.
Stock Support levels : 3.63.