Today we will analyze the stock AMBEV -ON (AMBV3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in AMBEV -ON (AMBV3.SA)
1- Last bullish trend was from 84.79 $ (2/27/2013) to 89.00 $ (3/6/2013) a 4.21 $ move 2- The current bearish trend started from 89.00 $ at 3/6/2013 and is currently trading at 80.64 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
AMBEV -ON (AMBV3.SA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 8.090 $ height triangle which was broken down at 83.880 in higher than usual volume, target of the pattern is 75.790.
AMBEV -ON (AMBV3.SA) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 60.410 and 58.750, and is currently supporting at 65.390.
AMBEV -ON (AMBV3.SA) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 58.750 and 36.060,resistance between 91.130 and 68.930 which was broken down at 79.810 in higher than usual volume.

Stock Trading Conclusion:
AMBEV -ON (AMBV3.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 : 82.52, 82.61, 83.83, 84.82, 85.81, 85.96, 89.00.
Stock Support levels : 75.79,.