Today we will analyze the stock THE PARKMEAD GRP (LYK.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in THE PARKMEAD GRP (LYK.BE)
1- Last bullish trend was from 0.21 $ (4/5/2011) to 0.22 $ (4/7/2011) a 0.01 $ move 2- The current bearish trend started from 0.22 $ at 4/7/2011 and is currently trading at 0.20 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
THE PARKMEAD GRP (LYK.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.210 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.220 .
THE PARKMEAD GRP (LYK.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.210 and 0.200 that was broken down at 0.220 transforming into a resistance line.
THE PARKMEAD GRP (LYK.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.200 .

Stock Trading Conclusion:
THE PARKMEAD GRP (LYK.BE) was trading in a bearish 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 : 0.205, 0.208, 0.210, 0.210, 0.212, 0.220, 0.240.
Stock Support levels :.