Today we will analyze the stock EZCHIP SEMICONDUT (LP2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in EZCHIP SEMICONDUT (LP2.BE)
1- Last bullish trend was from 18.82 $ (3/21/2011) to 20.74 $ (3/31/2011) a 1.92 $ move 2- The current bearish trend started from 20.74 $ at 3/31/2011 and is currently trading at 19.83 $.
3- LP2.BE current support level is at 19.78 which is the 50.00 % fibonacci retracement of the last 1.92 $ move.
4- LP2.BE current resistance level is at 20.01 which is the 38.20 % fibonacci retracement of the last 1.92 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
EZCHIP SEMICONDUT (LP2.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 20.740 and 21.590, and is currently resisting at 20.368.
EZCHIP SEMICONDUT (LP2.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 23.750 and 24.250, and is currently resisting at 22.750.
EZCHIP SEMICONDUT (LP2.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 23.750 and 24.250, and is currently resisting at 22.750.

Stock Trading Conclusion:
EZCHIP SEMICONDUT (LP2.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 20.01, 20.04, 20.18, 20.28, 20.29, 20.37, 20.39, 20.74, 22.75,.
Stock Support levels : 19.78, 19.55, 18.82, 18.30,.