Today we will analyze the stock ALCATEL-LUCENT (ALU.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in ALCATEL-LUCENT (ALU.MI)
1- Last bullish trend was from 1.35 $ (4/23/2012) to 1.46 $ (4/25/2012) a 0.11 $ move 2- The current bearish trend started from 1.46 $ at 4/25/2012 and is currently trading at 1.12 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
ALCATEL-LUCENT (ALU.MI) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 1.350 and 1.690,resistance between 1.460 and 1.770 which was broken down at 1.220 in higher than usual volume.
ALCATEL-LUCENT (ALU.MI) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 1.460 and 1.870, and is currently resisting at 1.362.
ALCATEL-LUCENT (ALU.MI) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.350 and 1.100 that was broken down at 1.640 transforming into a resistance line.

Stock Trading Conclusion:
ALCATEL-LUCENT (ALU.MI) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 1.16, 1.20, 1.25, 1.29, 1.33, 1.36, 1.46, 1.89.
Stock Support levels :.