Today we will analyze the stock VITREOUS GLASS INC (Tier2) (VCI.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in VITREOUS GLASS INC (Tier2) (VCI.V)
1- Last bearish trend was from 2.01 $ (10/4/2011) to 1.89 $ (1/27/2012) a 0.12 $ move 2- The current bullish trend started from 1.89 $ at 1/27/2012 and is currently trading at 1.95 $.
3- VCI.V current support level is at 1.95 which is the 50.00 % fibonacci retracement of the last 0.12 $ move.
4- VCI.V current resistance level is at 1.96 which is the 61.80 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
VITREOUS GLASS INC (Tier2) (VCI.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.440 $ height triangle which was broken up at 1.940, target of the pattern is 2.380.
VITREOUS GLASS INC (Tier2) (VCI.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.240 and 2.590 that was broken up at 1.900 transforming into a supporting line.
VITREOUS GLASS INC (Tier2) (VCI.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.240 and 2.590 that was broken up at 1.900 transforming into a supporting line.

Stock Trading Conclusion:
VITREOUS GLASS INC (Tier2) (VCI.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1.96, 2.01, 2.04, 2.08, 2.38.
Stock Support levels : 1.94, 1.93, 1.92, 1.92, 1.91, 1.89, 1.79, 1.34,.