Today we will analyze the stock LYNAS CORPORATION (LYI.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in LYNAS CORPORATION (LYI.DE)
1- Last bullish trend was from 1.03 $ (1/30/2012) to 1.28 $ (2/2/2012) a 0.25 $ move 2- The current bearish trend started from 1.28 $ at 2/2/2012 and is currently trading at 1.23 $.
3- LYI.DE current support level is at 1.22 which is the 23.60 % fibonacci retracement of the last 0.25 $ move.
4- LYI.DE current resistance level is at 1.28 which is the 0.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LYNAS CORPORATION (LYI.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.030 and 0.820, and is currently supporting at 1.135.
LYNAS CORPORATION (LYI.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.030 and 0.820, and is currently supporting at 1.135.
LYNAS CORPORATION (LYI.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.820 and 0.780, and is currently supporting at 0.833.

Stock Trading Conclusion:
LYNAS CORPORATION (LYI.DE) was trading in a strong bullish wave, which is becoming stronger .
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 : 1.24, 1.25, 1.25, 1.26, 1.28,.
Stock Support levels : 1.22, 1.18, 1.15, 1.13, 1.13, 1.03, 0.96, 0.88, 0.83,.