Today we will analyze the stock MOTO GOLDMINES (LGM.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MOTO GOLDMINES (LGM.BE)
1- Last bearish trend was from 3.47 $ (10/8/2009) to 3.05 $ (10/12/2009) a 0.42 $ move 2- The current bullish trend started from 3.05 $ at 10/12/2009 and is currently trading at 3.52 $.
3- LGM.BE current support level is at 3.47 which is the 100.00 % fibonacci retracement of the last 0.42 $ move.
4- LGM.BE current resistance level is at 3.58 which is the 127.20 % fibonacci retracement of the last 0.42 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
MOTO GOLDMINES (LGM.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.530 $ height triangle which was broken up at 3.520 in higher than usual volume, target of the pattern is 4.050.
MOTO GOLDMINES (LGM.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.530 $ height triangle which was broken up at 3.520 in higher than usual volume, target of the pattern is 4.050.
MOTO GOLDMINES (LGM.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.530 $ height triangle which was broken up at 3.520 in higher than usual volume, target of the pattern is 4.050.

Stock Trading Conclusion:
MOTO GOLDMINES (LGM.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 3.58, 3.73, 4.05,.
Stock Support levels : 3.47, 3.44, 3.41, 3.34, 3.31, 3.28, 3.26, 3.23, 3.21, 3.15, 3.05,.