Today we will analyze the stock OCTOPUS PROTECT VCT (OCT.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in OCTOPUS PROTECT VCT (OCT.L)
1- Last bearish trend was from 82.50 $ (5/5/2010) to 78.50 $ (7/29/2010) a 4.00 $ move 2- The current bullish trend started from 78.50 $ at 7/29/2010 and is currently trading at 81.00 $.
3- OCT.L current support level is at 80.97 which is the 61.80 % fibonacci retracement of the last 4.00 $ move.
4- OCT.L current resistance level is at 82.50 which is the 100.00 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
OCTOPUS PROTECT VCT (OCT.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 82.500 .
OCTOPUS PROTECT VCT (OCT.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 17.000 $ height triangle which was broken up at 82.500, target of the pattern is 99.500.
OCTOPUS PROTECT VCT (OCT.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 17.000 $ height triangle which was broken up at 82.500, target of the pattern is 99.500.

Stock Trading Conclusion:
OCTOPUS PROTECT VCT (OCT.L) was trading in a strong bullish 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 : 82.50, 83.59, 84.97, 99.50,.
Stock Support levels : 80.97, 80.50, 80.41, 80.04, 80.03, 80.00, 79.75, 79.46, 79.44, 78.50, 76.53,.