Today we will analyze the stock L-3 COMMUNICATIONS (LCX.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in L-3 COMMUNICATIONS (LCX.BE)
1- Last bullish trend was from 55.58 $ (3/8/2011) to 57.61 $ (3/10/2011) a 2.03 $ move 2- The current bearish trend started from 57.61 $ at 3/10/2011 and is currently trading at 54.70 $.
3- LCX.BE current support level is at 54.33 which is the 161.80 % fibonacci retracement of the last 2.03 $ move.
4- LCX.BE current resistance level is at 55.03 which is the 127.20 % fibonacci retracement of the last 2.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
L-3 COMMUNICATIONS (LCX.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 55.580 that failed and formed a resistance.
7- The Stock formed a 3.030 $ height triangle which was broken down at 55.120, target of the pattern is 52.090.
L-3 COMMUNICATIONS (LCX.BE) Mid term stock chart patterns for internet stock trading :

None.
L-3 COMMUNICATIONS (LCX.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 49.170 .
9- The Stock formed a 23.270 $ height triangle.

Stock Trading Conclusion:
L-3 COMMUNICATIONS (LCX.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 55.03, 55.39, 55.58, 55.59, 55.81, 56.16, 56.36, 56.50, 56.60, 56.83, 57.13, 57.61,.
Stock Support levels : 54.33, 52.09,.