Today we will analyze the stock LOW and BONAR PLC (LO4.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LOW and BONAR PLC (LO4.BE)
1- Last bearish trend was from 0.58 $ (4/4/2011) to 0.56 $ (4/5/2011) a 0.02 $ move 2- The current bullish trend started from 0.56 $ at 4/5/2011 and is currently trading at 0.57 $.
3- LO4.BE current support level is at 0.57 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- LO4.BE current resistance level is at 0.57 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
LOW and BONAR PLC (LO4.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.040 $ height triangle which was broken up at 0.570, target of the pattern is 0.610 which was broken down at 0.570, target of the pattern is 0.530.
LOW and BONAR PLC (LO4.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.630 and 0.670, and is currently resisting at 0.575.
LOW and BONAR PLC (LO4.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.570 .
9- The Stock formed a 0.150 $ height triangle which was broken up at 0.570, target of the pattern is 0.720.

Stock Trading Conclusion:
LOW and BONAR PLC (LO4.BE) was trading in a bullish wave, which is becoming weaker .
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 : 0.572, 0.575, 0.580, 0.585, 0.592, 0.610, 0.720.
Stock Support levels : 0.569, 0.568, 0.567, 0.566, 0.565, 0.565, 0.564, 0.560,.