Today we will analyze the stock BRASIL TELEC-PN (BRTO4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BRASIL TELEC-PN (BRTO4.SA)
1- Last bullish trend was from 11.82 $ (12/27/2010) to 13.19 $ (1/14/2011) a 1.37 $ move 2- The current bearish trend started from 13.19 $ at 1/14/2011 and is currently trading at 13.15 $.
3- BRTO4.SA current support level is at 12.87 which is the 23.60 % fibonacci retracement of the last 1.37 $ move.
4- BRTO4.SA current resistance level is at 13.19 which is the 0.00 % fibonacci retracement of the last 1.37 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BRASIL TELEC-PN (BRTO4.SA) Short term stock chart patterns for internet stock trading :

None.
BRASIL TELEC-PN (BRTO4.SA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.820 and 10.810, and is currently supporting at 12.168.
BRASIL TELEC-PN (BRTO4.SA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.820 and 10.810, and is currently supporting at 12.168.

Stock Trading Conclusion:
BRASIL TELEC-PN (BRTO4.SA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 13.16, 13.17, 13.17, 13.17, 13.19,.
Stock Support levels : 12.87, 12.67, 12.50, 12.34, 12.17, 11.82, 11.45,.