Today we will analyze the stock IBERIAN RESOURCES (LDK.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in IBERIAN RESOURCES (LDK.BE)
1- Last bullish trend was from 0.49 $ (10/25/2007) to 0.52 $ (11/9/2007) a 0.03 $ move 2- The current bearish trend started from 0.52 $ at 11/9/2007 and is currently trading at 0.41 $.
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.
IBERIAN RESOURCES (LDK.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.490 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 0.520 and 0.560, and is currently resisting at 0.480.
IBERIAN RESOURCES (LDK.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.490 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.520 and 0.560, and is currently resisting at 0.480.
IBERIAN RESOURCES (LDK.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.300 $ height triangle which was broken down at 0.520, target of the pattern is 0.220.

Stock Trading Conclusion:
IBERIAN RESOURCES (LDK.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 : 0.436, 0.452, 0.465, 0.478, 0.480, 0.490, 0.520, 0.799.
Stock Support levels :.