Today we will analyze the stock LUMINEX (LMX.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LUMINEX (LMX.BE)
1- Last bearish trend was from 13.80 $ (3/10/2011) to 12.21 $ (3/18/2011) a 1.59 $ move 2- The current bullish trend started from 12.21 $ at 3/18/2011 and is currently trading at 13.44 $.
3- LMX.BE current support level is at 13.19 which is the 61.80 % fibonacci retracement of the last 1.59 $ move.
4- LMX.BE current resistance level is at 13.80 which is the 100.00 % fibonacci retracement of the last 1.59 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LUMINEX (LMX.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 13.800 and 14.310 that was broken up at 13.800 transforming into a supporting line.
LUMINEX (LMX.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 12.210 .
8- The Stock formed a 2.670 $ height triangle.
LUMINEX (LMX.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 12.210 .
10- The Stock formed a 2.670 $ height triangle.

Stock Trading Conclusion:
LUMINEX (LMX.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 : 13.80, 14.23, 14.78.
Stock Support levels : 13.19, 13.15, 13.14, 13.01, 12.97, 12.82, 12.82, 12.68, 12.59, 12.21, 12.20,.