Today we will analyze the stock LOGIC DEVICES INC (LD3.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LOGIC DEVICES INC (LD3.BE)
1- Last bullish trend was from 0.53 $ (3/4/2011) to 0.55 $ (3/7/2011) a 0.02 $ move 2- The current bearish trend started from 0.55 $ at 3/7/2011 and is currently trading at 0.53 $.
3- LD3.BE current support level is at 0.52 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- LD3.BE current resistance level is at 0.53 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LOGIC DEVICES INC (LD3.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.060 $ height triangle which was broken down at 0.530, target of the pattern is 0.470.
LOGIC DEVICES INC (LD3.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.580 and 0.650, and is currently resisting at 0.553.
LOGIC DEVICES INC (LD3.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.650 and 0.670, and is currently resisting at 0.590.

Stock Trading Conclusion:
LOGIC DEVICES INC (LD3.BE) was trading in a bearish 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 : 0.535, 0.536, 0.538, 0.540, 0.542, 0.545, 0.550, 0.553, 0.590.
Stock Support levels : 0.525, 0.518,.