Today we will analyze the stock LUNA INNOVATIONS (LRD.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LUNA INNOVATIONS (LRD.BE)
1- Last bullish trend was from 1.17 $ (3/30/2011) to 1.42 $ (4/4/2011) a 0.25 $ move 2- The current bearish trend started from 1.42 $ at 4/4/2011 and is currently trading at 1.29 $.
3- LRD.BE current support level is at 1.27 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
4- LRD.BE current resistance level is at 1.29 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
LUNA INNOVATIONS (LRD.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.170 .
LUNA INNOVATIONS (LRD.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.170 .
LUNA INNOVATIONS (LRD.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.420 .

Stock Trading Conclusion:
LUNA INNOVATIONS (LRD.BE) was trading in a 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 : 1.29, 1.32, 1.32, 1.34, 1.36, 1.36, 1.37, 1.42,.
Stock Support levels : 1.27, 1.17, 1.10,.