Today we will analyze the stock IOMART GROUP (LYU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in IOMART GROUP (LYU.BE)
1- Last bearish trend was from 1.03 $ (2/21/2011) to 0.93 $ (3/31/2011) a 0.10 $ move 2- The current bullish trend started from 0.93 $ at 3/31/2011 and is currently trading at 0.98 $.
3- LYU.BE current support level is at 0.98 which is the 50.00 % fibonacci retracement of the last 0.10 $ move.
4- LYU.BE current resistance level is at 0.99 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
IOMART GROUP (LYU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.030 and 1.070 that was broken up at 0.980 transforming into a supporting line.
IOMART GROUP (LYU.BE) Mid term stock chart patterns for internet stock trading :

None.
IOMART GROUP (LYU.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.070 .
8- The Stock formed a 0.150 $ height triangle which was broken down at 0.990, target of the pattern is 0.840.

Stock Trading Conclusion:
IOMART GROUP (LYU.BE) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.992, 1.026, 1.030, 1.057, 1.070, 1.092.
Stock Support levels : 0.969, 0.968, 0.968, 0.961, 0.955, 0.954, 0.949, 0.930,.