Today we will analyze the stock LANNETT (LN5.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LANNETT (LN5.BE)
1- Last bullish trend was from 3.55 $ (3/15/2011) to 3.87 $ (3/28/2011) a 0.32 $ move 2- The current bearish trend started from 3.87 $ at 3/28/2011 and is currently trading at 3.57 $.
3- LN5.BE current support level is at 3.55 which is the 100.00 % fibonacci retracement of the last 0.32 $ move.
4- LN5.BE current resistance level is at 3.67 which is the 61.80 % fibonacci retracement of the last 0.32 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
LANNETT (LN5.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3.870 and 4.010, and is currently resisting at 3.800.
LANNETT (LN5.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.870 and 4.150, and is currently resisting at 3.773.
LANNETT (LN5.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 3.550 and 3.720,resistance between 4.150 and 4.300, the stock channel is currently supported from below by 3.442 and resisted from above by 3.906.

Stock Trading Conclusion:
LANNETT (LN5.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.64, 3.67, 3.68, 3.71, 3.72, 3.75, 3.76, 3.77, 3.79, 3.80, 3.87,.
Stock Support levels : 3.55, 3.46,.