Today we will analyze the stock ALCATEL-LUCENT (ALU.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in ALCATEL-LUCENT (ALU.SW)
1- Last bearish trend was from 3.00 $ (5/6/2009) to 2.80 $ (5/7/2009) a 0.20 $ move 2- The current bullish trend started from 2.80 $ at 5/7/2009 and is currently trading at 3.05 $.
3- ALU.SW current support level is at 3.00 which is the 100.00 % fibonacci retracement of the last 0.20 $ move.
4- ALU.SW current resistance level is at 3.05 which is the 127.20 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
ALCATEL-LUCENT (ALU.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.800 and 2.700, and is currently supporting at 2.817.
ALCATEL-LUCENT (ALU.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 2.800 and 2.640,resistance between 3.000 and 2.840 which was broken up at 3.050.
ALCATEL-LUCENT (ALU.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.250 and 1.910, and is currently supporting at 2.779.

Stock Trading Conclusion:
ALCATEL-LUCENT (ALU.SW) was trading in a strong 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 : 3.05, 3.12.
Stock Support levels : 3.04, 3.00, 2.99, 2.95, 2.92, 2.92, 2.90, 2.90, 2.88, 2.85, 2.82, 2.80, 2.78, 2.64,.