Today we will analyze the stock Tam S.a. (TAM) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Tam S.a. (TAM)
1- Last bearish trend was from 20.22 $ (1/4/2012) to 19.48 $ (1/6/2012) a 0.74 $ move 2- The current bullish trend started from 19.48 $ at 1/6/2012 and is currently trading at 22.06 $.
3- According to ADX Indicator, the trend is currently 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.
Tam S.a. (TAM) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.150 $ height triangle which was broken up at 20.870 in higher than usual volume, target of the pattern is 22.020.
Tam S.a. (TAM) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 20.580 and 20.860 that was broken up at 19.980 transforming into a supporting line.
Tam S.a. (TAM) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 7.690 $ height triangle which was broken up at 19.390 in higher than usual volume, target of the pattern is 27.080.

Stock Trading Conclusion:
Tam S.a. (TAM) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 27.08.
Stock Support levels : 21.45, 21.07, 20.77, 20.47, 19.73, 19.48, 18.50,.