Today we will analyze the stock LSI INDUSTRIES (LS2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LSI INDUSTRIES (LS2.BE)
1- Last bullish trend was from 4.85 $ (3/17/2011) to 5.23 $ (3/22/2011) a 0.38 $ move 2- The current bearish trend started from 5.23 $ at 3/22/2011 and is currently trading at 4.88 $.
3- LS2.BE current support level is at 4.85 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
4- LS2.BE current resistance level is at 5.00 which is the 61.80 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
LSI INDUSTRIES (LS2.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.230 and 5.340, and is currently resisting at 5.037.
LSI INDUSTRIES (LS2.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 5.230 and 6.260 that was broken up at 5.040 transforming into a supporting line.
LSI INDUSTRIES (LS2.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 3.410 $ height triangle which was broken down at 5.300, target of the pattern is 1.890.

Stock Trading Conclusion:
LSI INDUSTRIES (LS2.BE) was trading in a bearish wave, which is becoming stronger .
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 : 4.96, 5.00, 5.01, 5.04, 5.04, 5.06, 5.08, 5.10, 5.14, 5.23, 5.87.
Stock Support levels : 4.85, 4.75, 4.68, 4.62,.