Today we will analyze the stock Bank Mega Tbk (MEGA.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Bank Mega Tbk (MEGA.JK)
1- Last bullish trend was from 2,675.00 $ (4/30/2012) to 3,400.00 $ (5/3/2012) a 725.00 $ move 2- The current bearish trend started from 3,400.00 $ at 5/3/2012 and is currently trading at 3,000.00 $.
3- MEGA.JK current support level is at 2,951.95 which is the 61.80 % fibonacci retracement of the last 725.00 $ move.
4- MEGA.JK current resistance level is at 3,037.50 which is the 50.00 % fibonacci retracement of the last 725.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
Bank Mega Tbk (MEGA.JK) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 875.000 $ height triangle.
Bank Mega Tbk (MEGA.JK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 875.000 $ height triangle.
Bank Mega Tbk (MEGA.JK) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 875.000 $ height triangle.

Stock Trading Conclusion:
Bank Mega Tbk (MEGA.JK) was trading in a strong 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 : 3,037.50, 3,094.40, 3,123.05, 3,152.80, 3,200.00, 3,228.90, 3,247.20, 3,400.00,.
Stock Support levels : 2,951.95, 2,675.00, 2,477.80,.