Today we will analyze the stock SEVERN TRENT (SVT.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in SEVERN TRENT (SVT.L)
1- Last bullish trend was from 1,507.00 $ (4/5/2012) to 1,720.00 $ (4/20/2012) a 213.00 $ move 2- The current bearish trend started from 1,720.00 $ at 4/20/2012 and is currently trading at 1,657.13 $.
3- SVT.L current support level is at 1,638.63 which is the 38.20 % fibonacci retracement of the last 213.00 $ move.
4- SVT.L current resistance level is at 1,669.73 which is the 23.60 % fibonacci retracement of the last 213.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SEVERN TRENT (SVT.L) Short term stock chart patterns for internet stock trading :

None.
SEVERN TRENT (SVT.L) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1,507.000 and 1,454.000, and is currently supporting at 1,520.986.
SEVERN TRENT (SVT.L) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1,454.000 and 1,375.000,resistance between 1,600.000 and 1,517.000, the stock channel is currently supported from below by 1,509.729 and resisted from above by 1,678.918.

Stock Trading Conclusion:
SEVERN TRENT (SVT.L) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1,669.73, 1,671.97, 1,681.15, 1,688.56, 1,695.98, 1,720.00,.
Stock Support levels : 1,638.63, 1,613.50, 1,588.37, 1,520.99, 1,507.00, 1,449.06,.