Today we will 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 77.87 $ (12/5/2011) to 73.13 $ (12/14/2011) a 4.74 $ move 2- The current bullish trend started from 73.13 $ at 12/14/2011 and is currently trading at 83.53 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Vanguard Small-cap Growth Vipers (VBK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 77.870 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 73.130 and 69.840, and is currently supporting at 81.228.
Vanguard Small-cap Growth Vipers (VBK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 9.620 $ height triangle which was broken up at 77.340 in higher than usual volume, target of the pattern is 86.960.
Vanguard Small-cap Growth Vipers (VBK) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 69.840 and 63.100, and is currently supporting at 77.822.

Stock Trading Conclusion:
Vanguard Small-cap Growth Vipers (VBK) was trading in a bullish wave, which is becoming stronger .
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 : 86.96.
Stock Support levels : 81.23, 81.08, 79.56, 78.33, 78.23, 78.14, 77.82, 77.10, 75.39,.