Today we will analyze the stock AFLUENTE -ON (AFLU3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in AFLUENTE -ON (AFLU3.SA)
1- Last bullish trend was from 4.08 $ (3/27/2012) to 5.00 $ (4/17/2012) a 0.92 $ move 2- The current bearish trend started from 5.00 $ at 4/17/2012 and is currently trading at 4.00 $.
3- AFLU3.SA current support level is at 3.83 which is the 127.20 % fibonacci retracement of the last 0.92 $ move.
4- AFLU3.SA current resistance level is at 4.08 which is the 100.00 % fibonacci retracement of the last 0.92 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
AFLUENTE -ON (AFLU3.SA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.590 $ height triangle which was broken down at 4.000, target of the pattern is 2.410.
AFLUENTE -ON (AFLU3.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.590 $ height triangle which was broken down at 4.000, target of the pattern is 2.410.
AFLUENTE -ON (AFLU3.SA) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.590 $ height triangle which was broken down at 4.000, target of the pattern is 2.410.

Stock Trading Conclusion:
AFLUENTE -ON (AFLU3.SA) 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 : 4.08, 4.24, 4.38, 4.39, 4.43, 4.50, 4.54, 4.62, 4.65, 4.78, 5.00,.
Stock Support levels : 3.83, 3.61, 3.51, 2.41,.