Today we will analyze the stock BAN ARMAZENS-ON (CBAG3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in BAN ARMAZENS-ON (CBAG3.SA)
1- Last bullish trend was from 13.90 $ (6/13/2008) to 13,900.00 $ (6/17/2008) a 13,886.10 $ move 2- The current bearish trend started from 13,900.00 $ at 6/17/2008 and is currently trading at 20.00 $.
3- CBAG3.SA current support level is at 13.90 which is the 100.00 % fibonacci retracement of the last 13,886.10 $ move.
4- CBAG3.SA current resistance level is at 5,318.39 which is the 61.80 % fibonacci retracement of the last 13,886.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BAN ARMAZENS-ON (CBAG3.SA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 13,900.000 .
7- The Stock formed a 13,894.950 $ height triangle.
BAN ARMAZENS-ON (CBAG3.SA) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 13,900.000 .
9- The Stock formed a 13,894.950 $ height triangle.
BAN ARMAZENS-ON (CBAG3.SA) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 13,900.000 .
11- The Stock formed a 13,894.950 $ height triangle.

Stock Trading Conclusion:
BAN ARMAZENS-ON (CBAG3.SA) was trading in a bearish 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 : 3,295.68, 5,318.39, 5,322.16, 6,956.95, 6,960.00, 8,595.51, 8,597.84, 10,622.88, 13,900.00,.
Stock Support levels : 13.90, -3,763.12,.