Today we will analyze the stock RCN (RN1A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in RCN (RN1A.BE)
1- Last bearish trend was from 12.10 $ (6/9/2010) to 11.12 $ (8/9/2010) a 0.98 $ move 2- The current bullish trend started from 11.12 $ at 8/9/2010 and is currently trading at 11.65 $.
3- RN1A.BE current support level is at 11.61 which is the 50.00 % fibonacci retracement of the last 0.98 $ move.
4- RN1A.BE current resistance level is at 11.73 which is the 61.80 % fibonacci retracement of the last 0.98 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
RCN (RN1A.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 11.120 .
RCN (RN1A.BE) Mid term stock chart patterns for internet stock trading :

None.
RCN (RN1A.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.590 and 5.350, and is currently supporting at 10.633.

Stock Trading Conclusion:
RCN (RN1A.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 : 11.73, 12.10, 12.37, 12.71.
Stock Support levels : 11.61, 11.52, 11.49, 11.45, 11.39, 11.35, 11.32, 11.13, 11.12, 11.12,.