Today we will analyze the stock LID HAIR STUDIO INTL (LHSI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in LID HAIR STUDIO INTL (LHSI.OB)
1- Last bullish trend was from 1.30 $ (11/27/2009) to 1.74 $ (12/4/2009) a 0.44 $ move 2- The current bearish trend started from 1.74 $ at 12/4/2009 and is currently trading at 1.10 $.
3- LHSI.OB current support level is at 1.03 which is the 161.80 % fibonacci retracement of the last 0.44 $ move.
4- LHSI.OB current resistance level is at 1.18 which is the 127.20 % fibonacci retracement of the last 0.44 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
LID HAIR STUDIO INTL (LHSI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 1.300 and 1.090,resistance between 1.740 and 1.400 which was broken down at 1.100 in higher than usual volume.
LID HAIR STUDIO INTL (LHSI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.300 and 1.090,resistance between 1.740 and 1.400 which was broken down at 1.100 in higher than usual volume.
LID HAIR STUDIO INTL (LHSI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.740 .
9- The Stock formed a 0.990 $ height triangle which was broken down at 1.740, target of the pattern is 0.750.

Stock Trading Conclusion:
LID HAIR STUDIO INTL (LHSI.OB) was trading in a strong 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 : 1.18, 1.25, 1.30, 1.34, 1.42, 1.47, 1.50, 1.52, 1.56, 1.57, 1.64, 1.74, 2.11.
Stock Support levels : 1.03,.