Today we will analyze the stock SPEYMILL (SYG.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in SPEYMILL (SYG.L)
1- Last bearish trend was from 1.78 $ (1/30/2012) to 1.25 $ (2/1/2012) a 0.53 $ move 2- The current bullish trend started from 1.25 $ at 2/1/2012 and is currently trading at 1.60 $.
3- SYG.L current support level is at 1.58 which is the 61.80 % fibonacci retracement of the last 0.53 $ move.
4- SYG.L current resistance level is at 1.78 which is the 100.00 % fibonacci retracement of the last 0.53 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SPEYMILL (SYG.L) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.780 and 1.800, and is currently resisting at 1.760.
SPEYMILL (SYG.L) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.780 and 1.800, and is currently resisting at 1.760.
SPEYMILL (SYG.L) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.780 and 1.800, and is currently resisting at 1.760.

Stock Trading Conclusion:
SPEYMILL (SYG.L) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.62, 1.76, 1.78, 1.92, 2.11.
Stock Support levels : 1.58, 1.52, 1.51, 1.47, 1.45, 1.42, 1.38, 1.38, 1.25,.