Today we will analyze the stock SUEZ SP.ADR (LYOA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SUEZ SP.ADR (LYOA.BE)
1- Last bearish trend was from 47.00 $ (6/12/2008) to 40.00 $ (7/18/2008) a 7.00 $ move 2- The current bullish trend started from 40.00 $ at 7/18/2008 and is currently trading at 43.00 $.
3- LYOA.BE current support level is at 42.67 which is the 38.20 % fibonacci retracement of the last 7.00 $ move.
4- LYOA.BE current resistance level is at 43.50 which is the 50.00 % fibonacci retracement of the last 7.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
SUEZ SP.ADR (LYOA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 40.000 and 39.500, and is currently supporting at 40.022.
SUEZ SP.ADR (LYOA.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 13.000 $ height triangle.
SUEZ SP.ADR (LYOA.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 47.000 and 48.000, and is currently resisting at 46.713.

Stock Trading Conclusion:
SUEZ SP.ADR (LYOA.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 43.50, 44.33, 46.71, 47.00, 48.90, 51.33.
Stock Support levels : 42.67, 42.29, 41.85, 41.65, 41.50, 41.15, 40.02, 40.00,.