Today we will analyze the stock VITRAN (VI7.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in VITRAN (VI7.BE)
1- Last bullish trend was from 9.55 $ (3/15/2011) to 10.19 $ (3/18/2011) a 0.64 $ move 2- The current bearish trend started from 10.19 $ at 3/18/2011 and is currently trading at 9.75 $.
3- VI7.BE current support level is at 9.55 which is the 100.00 % fibonacci retracement of the last 0.64 $ move.
4- VI7.BE current resistance level is at 9.79 which is the 61.80 % fibonacci retracement of the last 0.64 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
VITRAN (VI7.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.550 and 8.740 that was broken down at 9.990 transforming into a resistance line.
VITRAN (VI7.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 8.740 .
8- The Stock formed a 1.830 $ height triangle which was broken up at 9.570, target of the pattern is 11.400.
VITRAN (VI7.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 8.740 .
10- The Stock formed a 1.830 $ height triangle which was broken up at 9.570, target of the pattern is 11.400.

Stock Trading Conclusion:
VITRAN (VI7.BE) was trading in a bearish 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 : 9.79, 9.85, 9.87, 9.92, 9.95, 9.97, 9.99, 10.02, 10.04, 10.19, 11.40, 11.47.
Stock Support levels : 9.55, 9.38, 9.15, 8.73, 8.72, 8.00,.