Today we will analyze the stock LABOPHARM (LP5.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LABOPHARM (LP5.BE)
1- Last bullish trend was from 0.34 $ (3/28/2011) to 0.36 $ (4/4/2011) a 0.02 $ move 2- The current bearish trend started from 0.36 $ at 4/4/2011 and is currently trading at 0.28 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LABOPHARM (LP5.BE) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.340 and 0.500,resistance between 0.360 and 0.520, the stock channel is currently supported from below by 0.264 and resisted from above by 0.328.
LABOPHARM (LP5.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.580 and 0.630,resistance between 0.620 and 0.690 which was broken down at 0.500.
LABOPHARM (LP5.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.690 and 0.710, and is currently resisting at 0.620.

Stock Trading Conclusion:
LABOPHARM (LP5.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 0.299, 0.311, 0.320, 0.329, 0.360, 0.440, 0.620.
Stock Support levels :.