Today we will analyze the stock LANXESS (LXS.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in LANXESS (LXS.BE)
1- Last bearish trend was from 50.55 $ (3/22/2011) to 48.77 $ (3/23/2011) a 1.78 $ move 2- The current bullish trend started from 48.77 $ at 3/23/2011 and is currently trading at 57.86 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LANXESS (LXS.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 50.550 that failed, and formed a support .
5- The Stock formed a 2.330 $ height triangle which was broken up at 50.670 in higher than usual volume, target of the pattern is 53.000.
LANXESS (LXS.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 55.300 and 58.190 that was broken up at 52.760 transforming into a supporting line.
LANXESS (LXS.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 58.190 and 59.370 that was broken up at 57.080 transforming into a supporting line.

Stock Trading Conclusion:
LANXESS (LXS.BE) was trading in a bullish 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 : .
Stock Support levels : 56.62, 55.71, 54.39, 53.32, 52.24, 51.39, 50.33, 49.78,.