Today we will analyze the stock LUMINENT MORTG CAP (LUU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LUMINENT MORTG CAP (LUU.BE)
1- Last bullish trend was from 0.01 $ (8/18/2009) to 0.04 $ (8/20/2009) a 0.03 $ move 2- The current bearish trend started from 0.04 $ at 8/20/2009 and is currently trading at 0.03 $.
3- LUU.BE current support level is at 0.03 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
4- LUU.BE current resistance level is at 0.03 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LUMINENT MORTG CAP (LUU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
LUMINENT MORTG CAP (LUU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
LUMINENT MORTG CAP (LUU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .

Stock Trading Conclusion:
LUMINENT MORTG CAP (LUU.BE) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.032, 0.033, 0.034, 0.035, 0.036, 0.040,.
Stock Support levels : 0.029, 0.025, 0.021, 0.010, 0.002,.