Today we will analyze the stock BR MALLS PAR-ON (BRML3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BR MALLS PAR-ON (BRML3.SA)
1- Last bullish trend was from 16.22 $ (1/14/2011) to 16.80 $ (1/19/2011) a 0.58 $ move 2- The current bearish trend started from 16.80 $ at 1/19/2011 and is currently trading at 15.07 $.
3- According to ADX Indicator, the trend is currently 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.
BR MALLS PAR-ON (BRML3.SA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.100 $ height triangle which was broken down at 16.210 in higher than usual volume, target of the pattern is 15.110.
BR MALLS PAR-ON (BRML3.SA) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 2.290 $ height triangle which was broken down at 16.510 in higher than usual volume, target of the pattern is 14.220.
BR MALLS PAR-ON (BRML3.SA) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.380 and 10.470, and is currently supporting at 13.216.

Stock Trading Conclusion:
BR MALLS PAR-ON (BRML3.SA) was trading in a 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 : 15.48, 15.73, 15.93, 16.14, 16.33, 16.80, 17.62.
Stock Support levels : 14.22,.