Today we will analyze the stock LIFESTYLE FPO (LIC.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in LIFESTYLE FPO (LIC.AX)
1- Last bullish trend was from 1.20 $ (2/27/2014) to 1.25 $ (3/3/2014) a 0.05 $ move 2- The current bearish trend started from 1.25 $ at 3/3/2014 and is currently trading at 1.15 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LIFESTYLE FPO (LIC.AX) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 1.200 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 1.250 .
LIFESTYLE FPO (LIC.AX) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.080 and 0.720 that was broken down at 1.200 transforming into a resistance line.
LIFESTYLE FPO (LIC.AX) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
LIFESTYLE FPO (LIC.AX) was trading in a bearish 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 : 1.17, 1.19, 1.20, 1.20, 1.21, 1.25, 1.30.
Stock Support levels : 1.11,.