LYNAS CORPORATION (XETRA: LYI.DE) (ETR:LYI) Stock Research Trends Targets and Technical Analysis - XETRA DAX stock exchange [en]

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 bearish trend was from 0.36 $ (2/18/2010) to 0.32 $ (2/26/2010) a 0.04 $ move 2- The current bullish trend started from 0.32 $ at 2/26/2010 and is currently trading at 0.35 $. 3- LYI.DE current support level is at 0.34 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- LYI.DE current resistance level is at 0.36 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
LYNAS CORPORATION (LYI.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.320 .
7- The Stock formed a 0.050 $ height triangle which was broken up at 0.350, target of the pattern is 0.400.
LYNAS CORPORATION (LYI.DE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.320 .
9- The Stock formed a 0.050 $ height triangle which was broken up at 0.350, target of the pattern is 0.400.
LYNAS CORPORATION (LYI.DE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.320 .
11- The Stock formed a 0.100 $ height triangle which was broken up at 0.350 in higher than usual volume, target of the pattern is 0.450.

Stock Trading Conclusion:
LYNAS CORPORATION (LYI.DE) 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 : 0.360, 0.371, 0.385, 0.400, 0.450.
Stock Support levels : 0.346, 0.345, 0.343, 0.340, 0.339, 0.335, 0.335, 0.331, 0.329, 0.326, 0.320,.