Today we will analyze the stock BANESTES -PN (BEES4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BANESTES -PN (BEES4.SA)
1- Last bullish trend was from 0.43 $ (12/17/2013) to 0.47 $ (1/7/2014) a 0.04 $ move 2- The current bearish trend started from 0.47 $ at 1/7/2014 and is currently trading at 0.39 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BANESTES -PN (BEES4.SA) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.430 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.470 .
BANESTES -PN (BEES4.SA) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.430 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.470 .
BANESTES -PN (BEES4.SA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.400 and 0.380 that was broken down at 0.430 transforming into a resistance line.

Stock Trading Conclusion:
BANESTES -PN (BEES4.SA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.409, 0.421, 0.430, 0.439, 0.470, 0.780.
Stock Support levels :.