Today we will analyze the stock ABC BRASIL -PN (ABCB4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in ABC BRASIL -PN (ABCB4.SA)
1- Last bearish trend was from 12.30 $ (2/11/2014) to 11.10 $ (2/26/2014) a 1.20 $ move 2- The current bullish trend started from 11.10 $ at 2/26/2014 and is currently trading at 11.55 $.
3- ABCB4.SA current support level is at 11.38 which is the 23.60 % fibonacci retracement of the last 1.20 $ move.
4- ABCB4.SA current resistance level is at 11.56 which is the 38.20 % fibonacci retracement of the last 1.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ABC BRASIL -PN (ABCB4.SA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 12.300 .
ABC BRASIL -PN (ABCB4.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 12.300 and 13.800, and is currently resisting at 11.936.
ABC BRASIL -PN (ABCB4.SA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ABC BRASIL -PN (ABCB4.SA) was trading in a bearish wave, which is becoming weaker .
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 : 11.56, 11.70, 11.84, 11.94, 12.30, 12.31, 12.32, 12.63, 13.04.
Stock Support levels : 11.44, 11.38, 11.38, 11.33, 11.27, 11.10,.