Today we will analyze the stock BRASIL T PAR-PN (BRTP4.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BRASIL T PAR-PN (BRTP4.SA)
1- Last bullish trend was from 15.77 $ (9/2/2009) to 20.38 $ (10/15/2009) a 4.61 $ move 2- The current bearish trend started from 20.38 $ at 10/15/2009 and is currently trading at 17.05 $.
3- BRTP4.SA current support level is at 15.77 which is the 100.00 % fibonacci retracement of the last 4.61 $ move.
4- BRTP4.SA current resistance level is at 17.53 which is the 61.80 % fibonacci retracement of the last 4.61 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BRASIL T PAR-PN (BRTP4.SA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.770 and 15.300 that was broken down at 17.050 transforming into a resistance line.
BRASIL T PAR-PN (BRTP4.SA) Mid term stock chart patterns for internet stock trading :

None.
BRASIL T PAR-PN (BRTP4.SA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.410 and 13.950, and is currently supporting at 14.801.

Stock Trading Conclusion:
BRASIL T PAR-PN (BRTP4.SA) was trading in a strong bearish wave, which is becoming stronger .
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 : 17.53, 17.56, 17.84, 18.08, 18.32, 18.62, 18.72, 19.11, 19.29, 20.38,.
Stock Support levels : 15.77, 14.80, 14.52,.