Today we will analyze the stock AMERISUR RES (AMER.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in AMERISUR RES (AMER.L)
1- Last bullish trend was from 23.25 $ (4/23/2012) to 25.50 $ (5/2/2012) a 2.25 $ move 2- The current bearish trend started from 25.50 $ at 5/2/2012 and is currently trading at 23.50 $.
3- AMER.L current support level is at 23.25 which is the 100.00 % fibonacci retracement of the last 2.25 $ move.
4- AMER.L current resistance level is at 24.11 which is the 61.80 % fibonacci retracement of the last 2.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
AMERISUR RES (AMER.L) Short term stock chart patterns for internet stock trading :

None.
AMERISUR RES (AMER.L) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 25.500 and 26.300, and is currently resisting at 25.430.
AMERISUR RES (AMER.L) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 27.500 .

Stock Trading Conclusion:
AMERISUR RES (AMER.L) 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 : 23.97, 24.11, 24.26, 24.38, 24.50, 24.64, 24.74, 24.97, 25.43, 25.50, 27.50.
Stock Support levels : 23.25, 22.64,.