Today we will analyze the stock SALON MEDIA GROUP (LONA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SALON MEDIA GROUP (LONA.BE)
1- Last bearish trend was from 0.09 $ (2/1/2011) to 0.07 $ (2/3/2011) a 0.02 $ move 2- The current bullish trend started from 0.07 $ at 2/3/2011 and is currently trading at 0.08 $.
3- LONA.BE current support level is at 0.08 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- LONA.BE current resistance level is at 0.08 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SALON MEDIA GROUP (LONA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.350 $ height triangle which was broken up at 0.080, target of the pattern is 0.430 which was broken down at 0.080, target of the pattern is -0.270.
SALON MEDIA GROUP (LONA.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.350 $ height triangle which was broken up at 0.080, target of the pattern is 0.430 which was broken down at 0.080, target of the pattern is -0.270.
SALON MEDIA GROUP (LONA.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.350 $ height triangle which was broken up at 0.080, target of the pattern is 0.430 which was broken down at 0.080, target of the pattern is -0.270.

Stock Trading Conclusion:
SALON MEDIA GROUP (LONA.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.082, 0.090, 0.095, 0.102, 0.350, 0.430,.
Stock Support levels : 0.078, 0.078, 0.076, 0.075, 0.075, 0.074, 0.070, -0.041, -0.270,.