Today we will analyze the stock LEICA CAMERA (LCA1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LEICA CAMERA (LCA1.BE)
1- Last bullish trend was from 16.63 $ (4/5/2011) to 17.50 $ (4/6/2011) a 0.87 $ move 2- The current bearish trend started from 17.50 $ at 4/6/2011 and is currently trading at 16.25 $.
3- LCA1.BE current support level is at 16.09 which is the 161.80 % fibonacci retracement of the last 0.87 $ move.
4- LCA1.BE current resistance level is at 16.39 which is the 127.20 % fibonacci retracement of the last 0.87 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
LEICA CAMERA (LCA1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.880 $ height triangle which was broken down at 16.250, target of the pattern is 14.370.
LEICA CAMERA (LCA1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.700 $ height triangle which was broken down at 16.250, target of the pattern is 13.550.
LEICA CAMERA (LCA1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.000 $ height triangle which was broken down at 16.250, target of the pattern is 13.250.

Stock Trading Conclusion:
LEICA CAMERA (LCA1.BE) was trading in a strong bullish 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 : 16.39, 16.51, 16.55, 16.63, 16.73, 16.88, 16.96, 17.02, 17.06, 17.17, 17.29, 17.44, 17.50,.
Stock Support levels : 16.09, 14.37, 13.55,.