Today we will analyze the stock ALFA INVEST -PN (BRIV4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in ALFA INVEST -PN (BRIV4.SA)
1- Last bullish trend was from 5.60 $ (9/28/2011) to 6.00 $ (9/30/2011) a 0.40 $ move 2- The current bearish trend started from 6.00 $ at 9/30/2011 and is currently trading at 5.54 $.
3- BRIV4.SA current support level is at 5.49 which is the 127.20 % fibonacci retracement of the last 0.40 $ move.
4- BRIV4.SA current resistance level is at 5.60 which is the 100.00 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ALFA INVEST -PN (BRIV4.SA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 5.600 that failed and formed a resistance.
ALFA INVEST -PN (BRIV4.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 5.600 that failed and formed a resistance.
8- The Stock formed Double Top Pattern at 6.000 .
ALFA INVEST -PN (BRIV4.SA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ALFA INVEST -PN (BRIV4.SA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 5.60, 5.60, 5.65, 5.71, 5.72, 5.75, 5.77, 5.80, 5.82, 5.85, 5.91, 6.00,.
Stock Support levels : 5.49,.