Today we will analyze the stock LARA EXPLORATION (LEW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LARA EXPLORATION (LEW.BE)
1- Last bearish trend was from 1.38 $ (3/14/2011) to 1.21 $ (3/17/2011) a 0.17 $ move 2- The current bullish trend started from 1.21 $ at 3/17/2011 and is currently trading at 1.29 $.
3- LEW.BE current support level is at 1.27 which is the 38.20 % fibonacci retracement of the last 0.17 $ move.
4- LEW.BE current resistance level is at 1.30 which is the 50.00 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
LARA EXPLORATION (LEW.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.380 .
7- The Stock formed a 0.200 $ height triangle which was broken down at 1.260, target of the pattern is 1.060.
LARA EXPLORATION (LEW.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.380 .
9- The Stock formed a 0.200 $ height triangle which was broken down at 1.260, target of the pattern is 1.060.
LARA EXPLORATION (LEW.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 1.380 .
11- The Stock formed a 0.310 $ height triangle.

Stock Trading Conclusion:
LARA EXPLORATION (LEW.BE) was trading in a bullish 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 : 1.30, 1.32, 1.34, 1.38, 1.43, 1.49.
Stock Support levels : 1.27, 1.27, 1.26, 1.25, 1.25, 1.24, 1.21, 1.06,.