Today we will analyze the stock LINGO MEDIA (LIMA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LINGO MEDIA (LIMA.BE)
1- Last bullish trend was from 0.58 $ (4/4/2011) to 0.66 $ (4/6/2011) a 0.08 $ move 2- The current bearish trend started from 0.66 $ at 4/6/2011 and is currently trading at 0.55 $.
3- LIMA.BE current support level is at 0.53 which is the 161.80 % fibonacci retracement of the last 0.08 $ move.
4- LIMA.BE current resistance level is at 0.56 which is the 127.20 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
LINGO MEDIA (LIMA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.580 and 0.430 that was broken down at 0.590 transforming into a resistance line.
LINGO MEDIA (LIMA.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.580 and 0.430 that was broken down at 0.590 transforming into a resistance line.
LINGO MEDIA (LIMA.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
LINGO MEDIA (LIMA.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 : 0.558, 0.576, 0.580, 0.592, 0.605, 0.611, 0.618, 0.620, 0.629, 0.641, 0.660, 0.674,.
Stock Support levels : 0.531.