Today we will analyze the stock VIVO PART SP ADR (VIVN.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in VIVO PART SP ADR (VIVN.MX)
1- Last bullish trend was from 376.80 $ (3/7/2012) to 405.62 $ (4/9/2012) a 28.82 $ move 2- The current bearish trend started from 405.62 $ at 4/9/2012 and is currently trading at 373.43 $.
3- VIVN.MX current support level is at 368.96 which is the 127.20 % fibonacci retracement of the last 28.82 $ move.
4- VIVN.MX current resistance level is at 376.80 which is the 100.00 % fibonacci retracement of the last 28.82 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
VIVO PART SP ADR (VIVN.MX) Short term stock chart patterns for internet stock trading :

None.
VIVO PART SP ADR (VIVN.MX) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 346.300 .
VIVO PART SP ADR (VIVN.MX) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 346.300 .
8- The Stock formed a 196.000 $ height triangle which was broken up at 380.500, target of the pattern is 576.500.

Stock Trading Conclusion:
VIVO PART SP ADR (VIVN.MX) was trading in a bearish wave, which is becoming weaker .
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 : 376.80, 381.03, 385.73, 387.81, 389.52, 391.21, 393.32, 394.61, 396.00, 398.82, 405.62, 576.50.
Stock Support levels : 368.96, 358.99, 347.65,.