Today we will analyze the stock MIDAS CAPITAL (LC2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MIDAS CAPITAL (LC2.BE)
1- Last bullish trend was from 0.37 $ (1/31/2011) to 0.39 $ (2/25/2011) a 0.02 $ move 2- The current bearish trend started from 0.39 $ at 2/25/2011 and is currently trading at 0.33 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
MIDAS CAPITAL (LC2.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.140 $ height triangle which was broken down at 0.390, target of the pattern is 0.250.
MIDAS CAPITAL (LC2.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.190 and 0.160, and is currently supporting at 0.237.
MIDAS CAPITAL (LC2.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.190 and 0.160, and is currently supporting at 0.237.

Stock Trading Conclusion:
MIDAS CAPITAL (LC2.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.344, 0.353, 0.360, 0.367, 0.390, 0.495.
Stock Support levels : 0.250, 0.237,.