Today we will analyze the stock VICTORIA PROP (VIPRO.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in VICTORIA PROP (VIPRO.CO)
1- Last bullish trend was from 80.00 $ (1/16/2012) to 87.50 $ (1/19/2012) a 7.50 $ move 2- The current bearish trend started from 87.50 $ at 1/19/2012 and is currently trading at 83.00 $.
3- VIPRO.CO current support level is at 82.86 which is the 61.80 % fibonacci retracement of the last 7.50 $ move.
4- VIPRO.CO current resistance level is at 83.75 which is the 50.00 % fibonacci retracement of the last 7.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
VICTORIA PROP (VIPRO.CO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 80.000 and 74.500,resistance between 87.500 and 84.000 which was broken down at 83.000 in higher than usual volume.
VICTORIA PROP (VIPRO.CO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 84.000 and 95.000 that was broken up at 77.000 transforming into a supporting line.
VICTORIA PROP (VIPRO.CO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 110.000 and 127.000 that was broken up at 77.000 transforming into a supporting line.

Stock Trading Conclusion:
VICTORIA PROP (VIPRO.CO) was trading in a strong bullish wave, which is becoming stronger .
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 : 83.75, 84.06, 84.64, 84.72, 85.25, 85.73, 85.78, 86.50, 87.50,.
Stock Support levels : 82.86, 80.00, 77.96, 75.36, 67.30,.