Today we will analyze the stock CARTERA IND REA (MERC.MA) for internet stock trading in the MA stock market,
Stock Technical indicators to notice in CARTERA IND REA (MERC.MA)
1- Last bullish trend was from 2.90 $ (12/29/2009) to 3.00 $ (2/3/2010) a 0.10 $ move 2- The current bearish trend started from 3.00 $ at 2/3/2010 and is currently trading at 2.80 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
CARTERA IND REA (MERC.MA) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 3.000 .
5- The Stock formed a 0.220 $ height triangle which was broken down at 2.800, target of the pattern is 2.580.
CARTERA IND REA (MERC.MA) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 0.700 $ height triangle.
CARTERA IND REA (MERC.MA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.700 and 2.510 that was broken down at 3.000 transforming into a resistance line.

Stock Trading Conclusion:
CARTERA IND REA (MERC.MA) was trading in a strong bearish 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 : 2.85, 2.88, 2.90, 2.92, 2.97, 3.00, 6.88.
Stock Support levels : 2.58.