Today we will analyze the stock Lan Chile S.a. (LFL) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Lan Chile S.a. (LFL)
1- Last bullish trend was from 26.37 $ (3/6/2012) to 29.40 $ (3/29/2012) a 3.03 $ move 2- The current bearish trend started from 29.40 $ at 3/29/2012 and is currently trading at 27.30 $.
3- LFL current support level is at 26.37 which is the 100.00 % fibonacci retracement of the last 3.03 $ move.
4- LFL current resistance level is at 27.53 which is the 61.80 % fibonacci retracement of the last 3.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Lan Chile S.a. (LFL) Short term stock chart patterns for internet stock trading :

None.
Lan Chile S.a. (LFL) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 21.300 and 19.280 that was broken down at 27.300 transforming into a resistance line.
Lan Chile S.a. (LFL) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 9.390 $ height triangle which was broken up at 23.510, target of the pattern is 32.900 which was broken down at 27.300, target of the pattern is 17.910.

Stock Trading Conclusion:
Lan Chile S.a. (LFL) was trading in a bearish wave, which is becoming weaker .
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 : 27.47, 27.53, 27.80, 27.89, 28.10, 28.24, 28.35, 28.60, 28.68, 29.40, 32.90.
Stock Support levels : 26.37, 25.55, 24.50, 17.91,.