Lear Corporation (NYSE: LEA) (NYSE:LEA) Stock Research Trends Targets and Technical Analysis - NYSE New york stock exchange [en]

Today we will analyze the stock Lear Corporation (LEA) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Lear Corporation (LEA)
1- Last bearish trend was from 71.44 $ (2/16/2010) to 68.90 $ (2/25/2010) a 2.54 $ move 2- The current bullish trend started from 68.90 $ at 2/25/2010 and is currently trading at 74.12 $. 3- According to ADX Indicator, the trend is currently 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.
Lear Corporation (LEA) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 68.900 .
5- The Stock formed a 5.270 $ height triangle which was broken up at 69.270, target of the pattern is 74.540.
Lear Corporation (LEA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 68.650 and 62.260, and is currently supporting at 72.854.
Lear Corporation (LEA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Lear Corporation (LEA) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 74.54.
Stock Support levels : 72.89, 72.85, 72.13, 71.51, 70.89, 69.13, 68.94, 68.90, 68.50,.