Today we will analyze the stock LAKOTA RESOURCES (LKT.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LAKOTA RESOURCES (LKT.BE)
1- Last bullish trend was from 0.79 $ (4/5/2011) to 0.95 $ (4/7/2011) a 0.16 $ move 2- The current bearish trend started from 0.95 $ at 4/7/2011 and is currently trading at 0.90 $.
3- LKT.BE current support level is at 0.89 which is the 38.20 % fibonacci retracement of the last 0.16 $ move.
4- LKT.BE current resistance level is at 0.91 which is the 23.60 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LAKOTA RESOURCES (LKT.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.790 and 0.760, and is currently supporting at 0.810.
LAKOTA RESOURCES (LKT.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 0.790 and 0.760,resistance between 0.850 and 0.830 which was broken up at 0.880.
LAKOTA RESOURCES (LKT.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.880 and 0.900 that was broken up at 0.880 transforming into a supporting line.

Stock Trading Conclusion:
LAKOTA RESOURCES (LKT.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 : 0.912, 0.912, 0.919, 0.925, 0.931, 0.950,.
Stock Support levels : 0.889, 0.886, 0.870, 0.851, 0.810, 0.808, 0.790, 0.760, 0.746,.