Today we will analyze the stock LAKELAND FINANCIAL (LKE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LAKELAND FINANCIAL (LKE.BE)
1- Last bearish trend was from 16.19 $ (2/28/2011) to 14.68 $ (3/17/2011) a 1.51 $ move 2- The current bullish trend started from 14.68 $ at 3/17/2011 and is currently trading at 15.43 $.
3- LKE.BE current support level is at 15.26 which is the 38.20 % fibonacci retracement of the last 1.51 $ move.
4- LKE.BE current resistance level is at 15.44 which is the 50.00 % fibonacci retracement of the last 1.51 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LAKELAND FINANCIAL (LKE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 16.190 and 16.310, and is currently resisting at 15.830.
LAKELAND FINANCIAL (LKE.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 16.310 and 17.280 that was broken up at 15.200 transforming into a supporting line.
LAKELAND FINANCIAL (LKE.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.030 $ height triangle which was broken up at 15.200, target of the pattern is 19.230 which was broken down at 15.640, target of the pattern is 11.610.

Stock Trading Conclusion:
LAKELAND FINANCIAL (LKE.BE) was trading in a bearish 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 : 15.44, 15.61, 15.73, 15.83, 16.19, 16.60, 17.12, 19.23.
Stock Support levels : 15.26, 15.25, 15.14, 15.06, 15.04, 14.97, 14.68, 14.15,.