Today we will analyze the stock SYNERGY HEALTH (SYR.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in SYNERGY HEALTH (SYR.L)
1- Last bullish trend was from 822.00 $ (3/7/2012) to 861.00 $ (3/21/2012) a 39.00 $ move 2- The current bearish trend started from 861.00 $ at 3/21/2012 and is currently trading at 820.00 $.
3- SYR.L current support level is at 811.39 which is the 127.20 % fibonacci retracement of the last 39.00 $ move.
4- SYR.L current resistance level is at 822.00 which is the 100.00 % fibonacci retracement of the last 39.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SYNERGY HEALTH (SYR.L) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 822.000 and 847.000,resistance between 861.000 and 887.500, the stock channel is currently supported from below by 783.538 and resisted from above by 836.156.
SYNERGY HEALTH (SYR.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 90.500 $ height triangle which was broken down at 846.500, target of the pattern is 756.000.
SYNERGY HEALTH (SYR.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 809.500 .

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

Stock Resistance Levels : 822.00, 829.68, 835.66, 836.90, 840.50, 841.50, 845.34, 846.10, 851.80, 861.00, 910.25.
Stock Support levels : 811.39, 810.63, 797.90,.