Today we will analyze the stock LINGBAO GOLD CO-H (LI9.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LINGBAO GOLD CO-H (LI9.BE)
1- Last bearish trend was from 0.57 $ (3/28/2011) to 0.55 $ (3/29/2011) a 0.02 $ move 2- The current bullish trend started from 0.55 $ at 3/29/2011 and is currently trading at 0.58 $.
3- LI9.BE current support level is at 0.58 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- LI9.BE current resistance level is at 0.58 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LINGBAO GOLD CO-H (LI9.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.040 $ height triangle which was broken up at 0.570, target of the pattern is 0.610.
LINGBAO GOLD CO-H (LI9.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.540 .
8- The Stock formed a 0.150 $ height triangle which was broken up at 0.570, target of the pattern is 0.720.
LINGBAO GOLD CO-H (LI9.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.610 and 0.690 that was broken up at 0.570 transforming into a supporting line.

Stock Trading Conclusion:
LINGBAO GOLD CO-H (LI9.BE) was trading in a bullish wave, which is becoming stronger .
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 : 0.582, 0.610, 0.720.
Stock Support levels : 0.575, 0.573, 0.570, 0.569, 0.565, 0.562, 0.562, 0.561, 0.560, 0.558, 0.555, 0.550, 0.547,.