Today we’ll analyze the stock Vanguard Small-cap Growth Vipers (VBK) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Vanguard Small-cap Growth Vipers (VBK)
1- Last bearish trend was from 41.96$ (12/17/2008) to 39.75$ (12/29/2008) a 2.21$ move
2- The current bullish trend started from 39.75$ at 12/29/2008 and is currently trading at 43.32$.

3- VBK current support level is at 42.56 which is the 127.20% fibonacci retracement of the last 2.21$ move.
4- VBK current resistance level is at 43.33 which is the 161.80% fibonacci retracement of the last 2.21$ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Vanguard Small-cap Growth Vipers (VBK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 39.75 and 39.08, and is currently supporting at 40.0478.
Vanguard Small-cap Growth Vipers (VBK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 9.01$ height triangle which was broken up at 40.24, target of the pattern is 49.25 which was broken down at 39.12, target of the pattern is 30.11.
Vanguard Small-cap Growth Vipers (VBK) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 14.06$ height triangle which was broken up at 39.15 in higher than usual volume, target of the pattern is 53.21 which was broken down at 39.12, target of the pattern is 25.06.

Stock Trading Conclusion:
Vanguard Small-cap Growth Vipers (VBK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 43.33, 48.38, 49.25, 53.21, 53.23, 53.24, 53.25, 53.26, 53.28, 53.29, 53.30, 56.95, 58.30, 73.53, 73.70.
Stock Support levels : 42.56, 42.48, 41.96, 41.96, 41.53, 41.12, 41.11, 40.85, 40.59, 40.27, 40.05, 39.75, 37.11, 31.42, 30.11,.