Today we will analyze the stock BAHEMA -PN (BAHI4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BAHEMA -PN (BAHI4.SA)
1- Last bearish trend was from 84.50 $ (6/22/2009) to 75.01 $ (6/24/2009) a 9.49 $ move 2- The current bullish trend started from 75.01 $ at 6/24/2009 and is currently trading at 86.00 $.
3- BAHI4.SA current support level is at 84.50 which is the 100.00 % fibonacci retracement of the last 9.49 $ move.
4- BAHI4.SA current resistance level is at 87.08 which is the 127.20 % fibonacci retracement of the last 9.49 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
BAHEMA -PN (BAHI4.SA) Short term stock chart patterns for internet stock trading :

None.
BAHEMA -PN (BAHI4.SA) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 75.010 .
7- The Stock formed a 20.000 $ height triangle which was broken up at 86.000 in higher than usual volume, target of the pattern is 106.000.
BAHEMA -PN (BAHI4.SA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 75.010 .
9- The Stock formed a 20.000 $ height triangle which was broken up at 86.000 in higher than usual volume, target of the pattern is 106.000.

Stock Trading Conclusion:
BAHEMA -PN (BAHI4.SA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 87.08, 90.36, 106.00,.
Stock Support levels : 84.50, 83.41, 81.80, 80.87, 80.51, 80.50, 79.76, 79.21, 78.64, 77.25, 75.01, 75.01,.