Today we will analyze the stock LUPUS CAPITAL (LUO.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LUPUS CAPITAL (LUO.BE)
1- Last bearish trend was from 1.06 $ (11/27/2007) to 0.96 $ (12/10/2007) a 0.10 $ move 2- The current bullish trend started from 0.96 $ at 12/10/2007 and is currently trading at 1.00 $.
3- LUO.BE current support level is at 1.00 which is the 38.20 % fibonacci retracement of the last 0.10 $ move.
4- LUO.BE current resistance level is at 1.01 which is the 50.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LUPUS CAPITAL (LUO.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.600 $ height triangle which was broken up at 1.040, target of the pattern is 1.640.
LUPUS CAPITAL (LUO.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.060 and 2.230 that was broken up at 1.040 transforming into a supporting line.
LUPUS CAPITAL (LUO.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.060 and 2.230 that was broken up at 1.040 transforming into a supporting line.

Stock Trading Conclusion:
LUPUS CAPITAL (LUO.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1.01, 1.02, 1.06, 1.09, 1.12, 1.50, 1.64.
Stock Support levels : 1.00, 0.99, 0.98, 0.98, 0.98, 0.98, 0.96, 0.86,.