Today we will analyze the stock RENTA 4 SERVICIOS R (R4.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in RENTA 4 SERVICIOS R (R4.MC)
1- Last bearish trend was from 5.25 $ (5/2/2011) to 4.90 $ (5/30/2011) a 0.35 $ move 2- The current bullish trend started from 4.90 $ at 5/30/2011 and is currently trading at 4.97 $.
3- R4.MC current support level is at 4.90 which is the 0.00 % fibonacci retracement of the last 0.35 $ move.
4- R4.MC current resistance level is at 4.98 which is the 23.60 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
RENTA 4 SERVICIOS R (R4.MC) Short term stock chart patterns for internet stock trading :

None.
RENTA 4 SERVICIOS R (R4.MC) Mid term stock chart patterns for internet stock trading :

None.
RENTA 4 SERVICIOS R (R4.MC) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.810 and 4.210 that was broken down at 5.000 transforming into a resistance line.

Stock Trading Conclusion:
RENTA 4 SERVICIOS R (R4.MC) 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 : 4.98, 5.03, 5.07, 5.12, 5.25, 5.35, 5.40, 5.47.
Stock Support levels : 4.95, 4.94, 4.93, 4.93, 4.90,.