Today we will analyze the stock LNB BANCORP (LNB.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LNB BANCORP (LNB.BE)
1- Last bullish trend was from 3.81 $ (3/30/2011) to 3.98 $ (4/8/2011) a 0.17 $ move 2- The current bearish trend started from 3.98 $ at 4/8/2011 and is currently trading at 3.84 $.
3- LNB.BE current support level is at 3.81 which is the 100.00 % fibonacci retracement of the last 0.17 $ move.
4- LNB.BE current resistance level is at 3.87 which is the 61.80 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
LNB BANCORP (LNB.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 3.810 and 3.790,resistance between 3.980 and 3.960, the stock channel is currently supported from below by 3.818 and resisted from above by 3.981.
LNB BANCORP (LNB.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 3.620 and 3.380,resistance between 3.880 and 3.610 which was broken down at 3.840.
LNB BANCORP (LNB.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.730 and 4.350 that was broken up at 3.430 transforming into a supporting line.

Stock Trading Conclusion:
LNB BANCORP (LNB.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 : 3.87, 3.87, 3.89, 3.89, 3.91, 3.92, 3.93, 3.94, 3.96, 3.98,.
Stock Support levels : 3.81, 3.76, 3.70,.