Today we will analyze the stock LOOPNET (L1Y.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LOOPNET (L1Y.BE)
1- Last bullish trend was from 9.66 $ (3/25/2011) to 10.36 $ (4/5/2011) a 0.70 $ move 2- The current bearish trend started from 10.36 $ at 4/5/2011 and is currently trading at 10.01 $.
3- L1Y.BE current support level is at 9.93 which is the 61.80 % fibonacci retracement of the last 0.70 $ move.
4- L1Y.BE current resistance level is at 10.01 which is the 50.00 % fibonacci retracement of the last 0.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
LOOPNET (L1Y.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.660 and 8.910 that was broken down at 9.950 transforming into a resistance line.
LOOPNET (L1Y.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.900 and 7.320, and is currently supporting at 8.435.
LOOPNET (L1Y.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.900 and 7.320, and is currently supporting at 8.435.

Stock Trading Conclusion:
LOOPNET (L1Y.BE) 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 : 10.09, 10.14, 10.18, 10.19, 10.23, 10.36, 11.31.
Stock Support levels : 9.93, 9.66, 9.47, 9.23, 8.44,.