Today we will analyze the stock SYNTOPIX GROUP (SYN.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in SYNTOPIX GROUP (SYN.L)
1- Last bullish trend was from 1.25 $ (4/30/2012) to 1.35 $ (5/1/2012) a 0.10 $ move 2- The current bearish trend started from 1.35 $ at 5/1/2012 and is currently trading at 1.30 $.
3- SYN.L current support level is at 1.29 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
4- SYN.L current resistance level is at 1.30 which is the 50.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
SYNTOPIX GROUP (SYN.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.250 .
7- The Stock formed a 0.250 $ height triangle which was broken up at 1.300, target of the pattern is 1.550.
SYNTOPIX GROUP (SYN.L) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 1.250 .
9- The Stock formed a 0.790 $ height triangle which was broken up at 1.350, target of the pattern is 2.140.
SYNTOPIX GROUP (SYN.L) Long term stock chart patterns for internet stock trading :

10- The Stock traded in a bearish stock channel identifed by support at 1.250 and 1.810,resistance between 1.500 and 2.040 which was broken up at 1.350.

Stock Trading Conclusion:
SYNTOPIX GROUP (SYN.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 : 1.31, 1.32, 1.33, 1.33, 1.33, 1.35, 1.55, 2.14.
Stock Support levels : 1.29, 1.25, 1.24, 1.22, 1.19, 1.03,.