Stock Technical indicators to notice in LIFELINE SCIE REG-S (LSI.L)
1- Last bearish trend was from 157.50 $ (4/3/2012) to 150.00 $ (4/12/2012) a 7.50 $ move 2- The current bullish trend started from 150.00 $ at 4/12/2012 and is currently trading at 162.50 $.
LIFELINE SCIE REG-S (LSI.L) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 157.500 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 150.000 and 144.390, and is currently supporting at 152.426.
LIFELINE SCIE REG-S (LSI.L) Mid term stock chart patterns for internet stock trading :
6- The Stock formed a 45.000 $ height triangle which was broken up at 157.500, target of the pattern is 202.500 which was broken down at 157.500, target of the pattern is 112.500.
LIFELINE SCIE REG-S (LSI.L) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 185.000 .
Stock Trading Conclusion:
LIFELINE SCIE REG-S (LSI.L) was trading in a bullish wave, which is becoming stronger .
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 : 177.63, 185.00, 202.50.
Stock Support levels : 159.55, 157.73, 157.50, 156.25, 154.77, 152.43, 150.00, 112.50,.
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