Today we will analyze the stock BSR EUROPE (BSRU.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in BSR EUROPE (BSRU.TA)
1- Last bearish trend was from 296.90 $ (3/14/2012) to 284.00 $ (4/5/2012) a 12.90 $ move 2- The current bullish trend started from 284.00 $ at 4/5/2012 and is currently trading at 300.00 $.
3- BSRU.TA current support level is at 296.90 which is the 100.00 % fibonacci retracement of the last 12.90 $ move.
4- BSRU.TA current resistance level is at 300.41 which is the 127.20 % fibonacci retracement of the last 12.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
BSR EUROPE (BSRU.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 284.000 and 281.900, and is currently supporting at 285.437.
BSR EUROPE (BSRU.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 330.200 and 410.000 that was broken up at 305.900 transforming into a supporting line.
BSR EUROPE (BSRU.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 330.200 and 462.700 that was broken up at 305.900 transforming into a supporting line.

Stock Trading Conclusion:
BSR EUROPE (BSRU.TA) was trading in a strong bearish 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 : 300.41, 304.87.
Stock Support levels : 296.90, 296.22, 293.89, 292.00, 291.97, 290.45, 290.11, 288.93, 287.04, 285.44, 284.00, 137.47,.