Today we will analyze the stock BRADESPAR -ON (BRAP3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BRADESPAR -ON (BRAP3.SA)
1- Last bullish trend was from 17.20 $ (2/25/2014) to 18.00 $ (3/4/2014) a 0.80 $ move 2- The current bearish trend started from 18.00 $ at 3/4/2014 and is currently trading at 16.49 $.
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.
BRADESPAR -ON (BRAP3.SA) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 18.000 and 18.760, and is currently resisting at 17.772.
BRADESPAR -ON (BRAP3.SA) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 23.790 and 26.600,resistance between 26.500 and 28.900 which was broken down at 17.880.
BRADESPAR -ON (BRAP3.SA) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 26.500 and 33.190, and is currently resisting at 23.844.

Stock Trading Conclusion:
BRADESPAR -ON (BRAP3.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 : 16.85, 17.07, 17.25, 17.42, 17.77, 18.00, 21.25, 23.84.
Stock Support levels :.