Today we will analyze the stock BRASKEM -ON (BRKM3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BRASKEM -ON (BRKM3.SA)
1- Last bullish trend was from 13.10 $ (2/10/2014) to 15.00 $ (2/17/2014) a 1.90 $ move 2- The current bearish trend started from 15.00 $ at 2/17/2014 and is currently trading at 12.20 $.
3- BRKM3.SA current support level is at 11.93 which is the 161.80 % fibonacci retracement of the last 1.90 $ move.
4- BRKM3.SA current resistance level is at 12.58 which is the 127.20 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
BRASKEM -ON (BRKM3.SA) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 13.100 and 10.000 that was broken down at 14.000 transforming into a resistance line.
BRASKEM -ON (BRKM3.SA) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 13.100 and 10.000 that was broken down at 14.000 transforming into a resistance line.
BRASKEM -ON (BRKM3.SA) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 10.000 and 9.480, and is currently supporting at 10.234.

Stock Trading Conclusion:
BRASKEM -ON (BRKM3.SA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 12.58, 12.86, 13.10, 13.27, 13.60, 13.83, 13.93, 14.05, 14.27, 14.55, 15.00, 18.01,.
Stock Support levels : 11.93,.