Today we will analyze the stock ARGENTVIVE (ARGV.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in ARGENTVIVE (ARGV.L)
1- Last bearish trend was from 2.50 $ (9/17/2008) to 1.62 $ (9/29/2008) a 0.88 $ move 2- The current bullish trend started from 1.62 $ at 9/29/2008 and is currently trading at 1.75 $.
3- ARGV.L current support level is at 1.62 which is the 0.00 % fibonacci retracement of the last 0.88 $ move.
4- ARGV.L current resistance level is at 1.83 which is the 23.60 % fibonacci retracement of the last 0.88 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ARGENTVIVE (ARGV.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.500 .
ARGENTVIVE (ARGV.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 2.500 .
ARGENTVIVE (ARGV.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 2.500 .
9- The Stock formed a 0.500 $ height triangle which was broken down at 2.000 in higher than usual volume, target of the pattern is 1.500.

Stock Trading Conclusion:
ARGENTVIVE (ARGV.L) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1.83, 1.96, 2.06, 2.16, 2.35, 2.50, 2.74, 3.04.
Stock Support levels : 1.72, 1.70, 1.68, 1.67, 1.62,.