Today we will analyze the stock LONZA GRP N (LO3.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LONZA GRP N (LO3.BE)
1- Last bearish trend was from 62.90 $ (2/21/2011) to 56.52 $ (3/17/2011) a 6.38 $ move 2- The current bullish trend started from 56.52 $ at 3/17/2011 and is currently trading at 59.07 $.
3- LO3.BE current support level is at 58.96 which is the 38.20 % fibonacci retracement of the last 6.38 $ move.
4- LO3.BE current resistance level is at 59.71 which is the 50.00 % fibonacci retracement of the last 6.38 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LONZA GRP N (LO3.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 62.900 .
7- The Stock formed a 10.190 $ height triangle.
LONZA GRP N (LO3.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 62.900 .
LONZA GRP N (LO3.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 20.390 $ height triangle.

Stock Trading Conclusion:
LONZA GRP N (LO3.BE) was trading in a bearish wave, which is becoming weaker .
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 : 59.71, 60.46, 62.83, 62.85, 62.87, 62.90, 64.64, 66.84.
Stock Support levels : 58.96, 58.47, 58.10, 58.03, 57.79, 57.49, 56.52,.