Today we will analyze the stock AES TIETE -ON (GETI3.SA) for internet stock trading in the SA stock market,
Stock Technical indicators to notice in AES TIETE -ON (GETI3.SA)
1- Last bullish trend was from 20.50 $ (9/26/2011) to 21.40 $ (10/4/2011) a 0.90 $ move 2- The current bearish trend started from 21.40 $ at 10/4/2011 and is currently trading at 21.27 $.
3- GETI3.SA current support level is at 21.19 which is the 23.60 % fibonacci retracement of the last 0.90 $ move.
4- GETI3.SA current resistance level is at 21.40 which is the 0.00 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
AES TIETE -ON (GETI3.SA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 21.400 and 22.300 that was broken up at 21.290 transforming into a supporting line.
AES TIETE -ON (GETI3.SA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 22.300 and 23.900, and is currently resisting at 21.885.
AES TIETE -ON (GETI3.SA) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 19.900 and 16.520,resistance between 23.900 and 19.720, the stock channel is currently supported from below by 20.416 and resisted from above by 24.897.

Stock Trading Conclusion:
AES TIETE -ON (GETI3.SA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 21.30, 21.32, 21.33, 21.35, 21.40, 21.89.
Stock Support levels : 21.19, 21.06, 20.95, 20.90, 20.84, 20.50, 20.26,.
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