Today we will analyze the stock BEE CONTACT COMM (BCNT.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in BEE CONTACT COMM (BCNT.TA)
1- Last bearish trend was from 13.00 $ (3/19/2009) to 6.70 $ (5/6/2009) a 6.30 $ move 2- The current bullish trend started from 6.70 $ at 5/6/2009 and is currently trading at 11.60 $.
3- BCNT.TA current support level is at 10.59 which is the 61.80 % fibonacci retracement of the last 6.30 $ move.
4- BCNT.TA current resistance level is at 13.00 which is the 100.00 % fibonacci retracement of the last 6.30 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BEE CONTACT COMM (BCNT.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 6.700 .
BEE CONTACT COMM (BCNT.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.700 .
BEE CONTACT COMM (BCNT.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 6.700 .

Stock Trading Conclusion:
BEE CONTACT COMM (BCNT.TA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 13.00, 14.71, 16.89.
Stock Support levels : 10.59, 10.44, 9.85, 9.73, 9.15, 9.11, 8.57, 8.19, 6.70,.