Today we will analyze the stock VISION MEDIA GRP (VMG.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in VISION MEDIA GRP (VMG.L)
1- Last bearish trend was from 1.25 $ (7/7/2009) to 0.90 $ (7/9/2009) a 0.35 $ move 2- The current bullish trend started from 0.90 $ at 7/9/2009 and is currently trading at 1.00 $.
3- VMG.L current support level is at 0.98 which is the 23.60 % fibonacci retracement of the last 0.35 $ move.
4- VMG.L current resistance level is at 1.03 which is the 38.20 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
VISION MEDIA GRP (VMG.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.840 $ height triangle.
VISION MEDIA GRP (VMG.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.840 $ height triangle.
VISION MEDIA GRP (VMG.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.840 $ height triangle.

Stock Trading Conclusion:
VISION MEDIA GRP (VMG.L) was trading in a strong 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 : 1.03, 1.08, 1.12, 1.25, 1.35, 1.47.
Stock Support levels : 0.98, 0.98, 0.96, 0.95, 0.94, 0.90,.