Today we will analyze the stock LS TELCOM (LSX.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LS TELCOM (LSX.BE)
1- Last bullish trend was from 3.67 $ (3/31/2011) to 4.08 $ (4/6/2011) a 0.41 $ move 2- The current bearish trend started from 4.08 $ at 4/6/2011 and is currently trading at 3.72 $.
3- LSX.BE current support level is at 3.67 which is the 100.00 % fibonacci retracement of the last 0.41 $ move.
4- LSX.BE current resistance level is at 3.83 which is the 61.80 % fibonacci retracement of the last 0.41 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LS TELCOM (LSX.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 4.080 .
LS TELCOM (LSX.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 4.080 .
8- The Stock formed a 0.470 $ height triangle.
LS TELCOM (LSX.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.770 $ height triangle.

Stock Trading Conclusion:
LS TELCOM (LSX.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 3.80, 3.83, 3.86, 3.88, 3.90, 3.92, 3.94, 3.98, 4.08, 4.08,.
Stock Support levels : 3.67, 3.56,.