Today we will analyze the stock LONDON SECURITY (LOL.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LONDON SECURITY (LOL.BE)
1- Last bullish trend was from 14.45 $ (2/10/2011) to 16.55 $ (3/3/2011) a 2.10 $ move 2- The current bearish trend started from 16.55 $ at 3/3/2011 and is currently trading at 15.91 $.
3- LOL.BE current support level is at 15.75 which is the 38.20 % fibonacci retracement of the last 2.10 $ move.
4- LOL.BE current resistance level is at 16.05 which is the 23.60 % fibonacci retracement of the last 2.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
LONDON SECURITY (LOL.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 14.450 and 9.420,resistance between 16.550 and 15.500 which was broken down at 16.170.
LONDON SECURITY (LOL.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.450 and 9.420 that was broken down at 16.170 transforming into a resistance line.
LONDON SECURITY (LOL.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
LONDON SECURITY (LOL.BE) was trading in a strong bullish 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 : 16.05, 16.06, 16.15, 16.23, 16.31, 16.55, 17.23,.
Stock Support levels : 15.75, 15.50, 15.25, 14.45, 13.88,.