Today we will analyze the stock LUMINA COPPER (LUE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LUMINA COPPER (LUE.BE)
1- Last bearish trend was from 4.43 $ (3/9/2011) to 4.01 $ (3/16/2011) a 0.42 $ move 2- The current bullish trend started from 4.01 $ at 3/16/2011 and is currently trading at 4.48 $.
3- LUE.BE current support level is at 4.43 which is the 100.00 % fibonacci retracement of the last 0.42 $ move.
4- LUE.BE current resistance level is at 4.54 which is the 127.20 % fibonacci retracement of the last 0.42 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LUMINA COPPER (LUE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.430 and 4.520 that was broken up at 4.480 transforming into a supporting line.
LUMINA COPPER (LUE.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.010 and 3.940, and is currently supporting at 4.029.
LUMINA COPPER (LUE.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 4.520 .
9- The Stock formed a 0.590 $ height triangle.

Stock Trading Conclusion:
LUMINA COPPER (LUE.BE) was trading in a bullish wave, which is becoming stronger .
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 : 4.51, 4.54, 4.69.
Stock Support levels : 4.43, 4.37, 4.35, 4.30, 4.27, 4.25, 4.22, 4.19, 4.17, 4.11, 4.03, 4.01,.