Today we will analyze the stock THAI OIL -F- (LQZ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in THAI OIL -F- (LQZ.BE)
1- Last bullish trend was from 1.61 $ (2/11/2011) to 2.00 $ (4/5/2011) a 0.39 $ move 2- The current bearish trend started from 2.00 $ at 4/5/2011 and is currently trading at 1.90 $.
3- LQZ.BE current support level is at 1.85 which is the 38.20 % fibonacci retracement of the last 0.39 $ move.
4- LQZ.BE current resistance level is at 1.91 which is the 23.60 % fibonacci retracement of the last 0.39 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
THAI OIL -F- (LQZ.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.610 and 1.570, and is currently supporting at 1.844.
THAI OIL -F- (LQZ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.950 and 1.960 that was broken up at 1.920 transforming into a supporting line.
THAI OIL -F- (LQZ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.570 and 1.420, and is currently supporting at 1.706.

Stock Trading Conclusion:
THAI OIL -F- (LQZ.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 1.91, 1.92, 1.94, 1.95, 1.96, 2.00,.
Stock Support levels : 1.90, 1.85, 1.84, 1.81, 1.76, 1.71, 1.61, 1.50,.