Today we will analyze the stock LINDSAY (LMF.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LINDSAY (LMF.BE)
1- Last bullish trend was from 49.55 $ (3/17/2011) to 55.57 $ (3/31/2011) a 6.02 $ move 2- The current bearish trend started from 55.57 $ at 3/31/2011 and is currently trading at 50.08 $.
3- LMF.BE current support level is at 49.55 which is the 100.00 % fibonacci retracement of the last 6.02 $ move.
4- LMF.BE current resistance level is at 51.85 which is the 61.80 % fibonacci retracement of the last 6.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
LINDSAY (LMF.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 49.550 and 49.290, and is currently supporting at 49.992.
LINDSAY (LMF.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 49.550 and 49.290, and is currently supporting at 49.992.
LINDSAY (LMF.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 10.250 $ height triangle which was broken down at 52.270, target of the pattern is 42.020.

Stock Trading Conclusion:
LINDSAY (LMF.BE) was trading in a bearish wave, which is becoming stronger .
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 : 51.38, 51.85, 52.18, 52.56, 52.61, 52.83, 53.27, 53.47, 54.15, 55.57,.
Stock Support levels : 49.99, 49.55, 49.12, 47.91, 45.83,.