Today we will analyze the stock BRASMOTOR -ON (BMTO3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BRASMOTOR -ON (BMTO3.SA)
1- Last bearish trend was from 0.90 $ (4/8/2013) to 0.72 $ (2/13/2014) a 0.18 $ move 2- The current bullish trend started from 0.72 $ at 2/13/2014 and is currently trading at 0.75 $.
3- BMTO3.SA current support level is at 0.72 which is the 0.00 % fibonacci retracement of the last 0.18 $ move.
4- BMTO3.SA current resistance level is at 0.76 which is the 23.60 % fibonacci retracement of the last 0.18 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BRASMOTOR -ON (BMTO3.SA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.720 and 0.660, and is currently supporting at 0.729.
BRASMOTOR -ON (BMTO3.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.660 and 0.650, and is currently supporting at 0.678.
BRASMOTOR -ON (BMTO3.SA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BRASMOTOR -ON (BMTO3.SA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.762, 0.789, 0.810, 0.831, 0.900, 0.949, 1.011.
Stock Support levels : 0.743, 0.739, 0.735, 0.731, 0.729, 0.720,.