Today we will analyze the stock NET SERVICOS SP ADR (NETCN.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in NET SERVICOS SP ADR (NETCN.MX)
1- Last bullish trend was from 101.70 $ (5/5/2011) to 176.00 $ (10/25/2013) a 74.30 $ move 2- The current bearish trend started from 176.00 $ at 10/25/2013 and is currently trading at 169.00 $.
3- NETCN.MX current support level is at 158.47 which is the 23.60 % fibonacci retracement of the last 74.30 $ move.
4- NETCN.MX current resistance level is at 176.00 which is the 0.00 % fibonacci retracement of the last 74.30 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
NET SERVICOS SP ADR (NETCN.MX) Short term stock chart patterns for internet stock trading :

None.
NET SERVICOS SP ADR (NETCN.MX) Mid term stock chart patterns for internet stock trading :

None.
NET SERVICOS SP ADR (NETCN.MX) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
NET SERVICOS SP ADR (NETCN.MX) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 170.65, 171.67, 172.50, 173.33, 176.00,.
Stock Support levels : 158.47, 147.62, 138.85, 130.08, 101.70, 81.49,.