Today we will analyze the stock GRUPO MEDIA CAPITAL (MCP.LS) for internet stock trading in the L stock market,
Stock Technical indicators to notice in GRUPO MEDIA CAPITAL (MCP.LS)
1- Last bullish trend was from 0.01 $ (5/2/2012) to 0.20 $ (5/3/2012) a 0.19 $ move 2- The current bearish trend started from 0.20 $ at 5/3/2012 and is currently trading at 0.01 $.
3- MCP.LS current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
4- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
GRUPO MEDIA CAPITAL (MCP.LS) Short term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.010 .
6- The Stock formed a 1.360 $ height triangle which was broken up at 0.010, target of the pattern is 1.370.
GRUPO MEDIA CAPITAL (MCP.LS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
8- The Stock formed a 1.360 $ height triangle which was broken up at 0.010, target of the pattern is 1.370.
GRUPO MEDIA CAPITAL (MCP.LS) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.010 .
10- The Stock formed a 1.360 $ height triangle which was broken up at 0.010, target of the pattern is 1.370.

Stock Trading Conclusion:
GRUPO MEDIA CAPITAL (MCP.LS) was trading in a strong bearish 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 : 0.010, 0.055, 0.083, 0.083, 0.105, 0.105, 0.127, 0.127, 0.155, 0.200, 1.370, 1.500.
Stock Support levels : -0.042, -0.107, -0.268,.