Today we will analyze the stock BANESTES -ON (BEES3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BANESTES -ON (BEES3.SA)
1- Last bullish trend was from 0.42 $ (2/6/2014) to 0.44 $ (2/25/2014) a 0.02 $ move 2- The current bearish trend started from 0.44 $ at 2/25/2014 and is currently trading at 0.43 $.
3- BEES3.SA current support level is at 0.43 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- BEES3.SA current resistance level is at 0.43 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BANESTES -ON (BEES3.SA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.440 and 0.490 that was broken up at 0.430 transforming into a supporting line.
BANESTES -ON (BEES3.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.460 that failed and formed a resistance.
BANESTES -ON (BEES3.SA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.510 and 0.580, and is currently resisting at 0.479.

Stock Trading Conclusion:
BANESTES -ON (BEES3.SA) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.432, 0.434, 0.435, 0.435, 0.436, 0.440, 0.460, 0.479.
Stock Support levels : 0.428, 0.427, 0.420, 0.415,.