Today we will analyze the stock L'OREAL (LOR.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in L'OREAL (LOR.BE)
1- Last bearish trend was from 89.02 $ (2/8/2011) to 76.00 $ (3/17/2011) a 13.02 $ move 2- The current bullish trend started from 76.00 $ at 3/17/2011 and is currently trading at 83.14 $.
3- LOR.BE current support level is at 82.51 which is the 50.00 % fibonacci retracement of the last 13.02 $ move.
4- LOR.BE current resistance level is at 84.05 which is the 61.80 % fibonacci retracement of the last 13.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
L'OREAL (LOR.BE) Short term stock chart patterns for internet stock trading :

None.
L'OREAL (LOR.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 89.020 .
L'OREAL (LOR.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 76.000 .

Stock Trading Conclusion:
L'OREAL (LOR.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 84.05, 89.02, 89.03, 92.56, 97.07.
Stock Support levels : 82.51, 81.45, 80.97, 80.41, 79.57, 79.07, 78.73, 76.04, 76.00,.