Today we will analyze the stock LEASING.99 (LSN.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in LEASING.99 (LSN.MU)
1- Last bearish trend was from 10.77 $ (6/4/2008) to 8.50 $ (6/24/2008) a 2.27 $ move 2- The current bullish trend started from 8.50 $ at 6/24/2008 and is currently trading at 9.63 $.
3- LSN.MU current support level is at 9.37 which is the 38.20 % fibonacci retracement of the last 2.27 $ move.
4- LSN.MU current resistance level is at 9.64 which is the 50.00 % fibonacci retracement of the last 2.27 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
LEASING.99 (LSN.MU) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 8.500 and 10.000,resistance between 10.770 and 12.120 which was broken up at 9.630 in higher than usual volume.
LEASING.99 (LSN.MU) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 8.500 and 10.000,resistance between 10.770 and 12.120 which was broken up at 9.630 in higher than usual volume.
LEASING.99 (LSN.MU) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 12.120 and 14.500 that was broken up at 10.620 transforming into a supporting line.

Stock Trading Conclusion:
LEASING.99 (LSN.MU) was trading in a strong bearish wave, which is becoming weaker .
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 : 9.64, 9.90, 10.77, 11.39, 12.17.
Stock Support levels : 9.62, 9.37, 9.36, 9.20, 9.07, 9.04, 8.93, 8.50,.