Stock Technical indicators to notice in FLAGSHIP ENERGY-B (LFFB.BE)
1- Last bullish trend was from 0.39 $ (7/28/2008) to 0.41 $ (7/29/2008) a 0.02 $ move 2- The current bearish trend started from 0.41 $ at 7/29/2008 and is currently trading at 0.38 $.
4- LFFB.BE current resistance level is at 0.38 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
FLAGSHIP ENERGY-B (LFFB.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.330 $ height triangle which was broken down at 0.410, target of the pattern is 0.080.
FLAGSHIP ENERGY-B (LFFB.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.130 and 0.120, and is currently supporting at 0.153.
FLAGSHIP ENERGY-B (LFFB.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
FLAGSHIP ENERGY-B (LFFB.BE) was trading in a strong 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 : 0.385, 0.387, 0.390, 0.391, 0.395, 0.398, 0.399, 0.400, 0.402, 0.405, 0.410, 0.461.
Stock Support levels : 0.378, 0.153,.