Today we will analyze the stock PHOSPHAGENICS (PSG.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in PHOSPHAGENICS (PSG.L)
1- Last bearish trend was from 2.00 $ (10/28/2008) to 1.50 $ (10/29/2008) a 0.50 $ move 2- The current bullish trend started from 1.50 $ at 10/29/2008 and is currently trading at 3.00 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PHOSPHAGENICS (PSG.L) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 1.500 .
5- The Stock formed a 1.250 $ height triangle which was broken up at 2.250, target of the pattern is 3.500.
PHOSPHAGENICS (PSG.L) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.500 .
7- The Stock formed a 1.250 $ height triangle which was broken up at 2.250, target of the pattern is 3.500.
PHOSPHAGENICS (PSG.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 1.500 .
9- The Stock formed a 1.250 $ height triangle which was broken up at 2.250, target of the pattern is 3.500.

Stock Trading Conclusion:
PHOSPHAGENICS (PSG.L) 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 : 3.50,.
Stock Support levels : 2.65, 2.43, 2.25, 2.07, 2.00, 1.68, 1.50,.