Today we will analyze the stock LENZING AG (LEN.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LENZING AG (LEN.BE)
1- Last bearish trend was from 86.70 $ (3/18/2011) to 82.74 $ (3/24/2011) a 3.96 $ move 2- The current bullish trend started from 82.74 $ at 3/24/2011 and is currently trading at 85.20 $.
3- LEN.BE current support level is at 85.19 which is the 61.80 % fibonacci retracement of the last 3.96 $ move.
4- LEN.BE current resistance level is at 86.70 which is the 100.00 % fibonacci retracement of the last 3.96 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LENZING AG (LEN.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 9.600 $ height triangle which was broken up at 86.240, target of the pattern is 95.840 which was broken down at 86.220, target of the pattern is 76.620.
LENZING AG (LEN.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 79.250 and 75.060,resistance between 89.250 and 86.300, the stock channel is currently supported from below by 81.461 and resisted from above by 93.221.
LENZING AG (LEN.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 79.250 and 75.060, and is currently supporting at 81.461.

Stock Trading Conclusion:
LENZING AG (LEN.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 : 86.70, 87.78, 88.58, 88.72, 89.15, 95.84.
Stock Support levels : 85.19, 84.72, 84.62, 84.26, 84.25, 83.97, 83.68, 83.67, 83.26, 82.74, 81.46,.