Today we will analyze the stock LEEDS GROUP PLC (LDR.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LEEDS GROUP PLC (LDR.BE)
1- Last bearish trend was from 0.19 $ (7/14/2010) to 0.18 $ (12/23/2010) a 0.01 $ move 2- The current bullish trend started from 0.18 $ at 12/23/2010 and is currently trading at 0.20 $.
3- 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.
LEEDS GROUP PLC (LDR.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.180 and 0.130, and is currently supporting at 0.197.
LEEDS GROUP PLC (LDR.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.040 $ height triangle which was broken up at 0.130, target of the pattern is 0.170 which was broken down at 0.200, target of the pattern is 0.160.
LEEDS GROUP PLC (LDR.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.160 that failed, and formed a support .

Stock Trading Conclusion:
LEEDS GROUP PLC (LDR.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.219.
Stock Support levels : 0.197, 0.195, 0.192, 0.190, 0.188, 0.180, 0.160,.