Today we will analyze the stock LARAMIDE RESOURCES (L4R.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LARAMIDE RESOURCES (L4R.BE)
1- Last bullish trend was from 1.01 $ (3/31/2011) to 1.10 $ (4/5/2011) a 0.09 $ move 2- The current bearish trend started from 1.10 $ at 4/5/2011 and is currently trading at 1.02 $.
3- L4R.BE current support level is at 1.01 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
4- L4R.BE current resistance level is at 1.04 which is the 61.80 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
LARAMIDE RESOURCES (L4R.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.160, and is currently resisting at 1.066.
LARAMIDE RESOURCES (L4R.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.310 $ height triangle which was broken down at 1.050, target of the pattern is 0.740.
LARAMIDE RESOURCES (L4R.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.920 and 1.750,resistance between 1.230 and 1.990 which was broken up at 1.160.

Stock Trading Conclusion:
LARAMIDE RESOURCES (L4R.BE) was trading in a strong bearish wave, which is becoming stronger .
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 : 1.04, 1.04, 1.05, 1.06, 1.06, 1.07, 1.07, 1.07, 1.07, 1.08, 1.10, 1.61.
Stock Support levels : 1.01, 0.99, 0.95, 0.74,.