Today we will analyze the stock ALCATEL-LUCENT (ALUA.AS) for internet stock trading in the AS stock market,
Stock Technical indicators to notice in ALCATEL-LUCENT (ALUA.AS)
1- Last bullish trend was from 1.44 $ (12/23/2008) to 1.99 $ (1/6/2009) a 0.55 $ move 2- The current bearish trend started from 1.99 $ at 1/6/2009 and is currently trading at 1.53 $.
3- ALUA.AS current support level is at 1.44 which is the 100.00 % fibonacci retracement of the last 0.55 $ move.
4- ALUA.AS current resistance level is at 1.65 which is the 61.80 % fibonacci retracement of the last 0.55 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ALCATEL-LUCENT (ALUA.AS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.990 .
ALCATEL-LUCENT (ALUA.AS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.990 .
ALCATEL-LUCENT (ALUA.AS) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.990 .

Stock Trading Conclusion:
ALCATEL-LUCENT (ALUA.AS) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1.64, 1.65, 1.71, 1.72, 1.76, 1.78, 1.81, 1.86, 1.99,.
Stock Support levels : 1.44, 1.29,.