Today we will analyze the stock LAUREATE RES and STEEL (LRRS.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in LAUREATE RES and STEEL (LRRS.OB)
1- Last bullish trend was from 0.03 $ (2/22/2010) to 0.05 $ (2/24/2010) a 0.02 $ move 2- The current bearish trend started from 0.05 $ at 2/24/2010 and is currently trading at 0.01 $.
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.
4- Bullish Divergance in MACD Indicator .
LAUREATE RES and STEEL (LRRS.OB) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.140 that was broken up at 0.040 transforming into a supporting line.
LAUREATE RES and STEEL (LRRS.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.140 that was broken up at 0.040 transforming into a supporting line.
LAUREATE RES and STEEL (LRRS.OB) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.140 that was broken up at 0.040 transforming into a supporting line.

Stock Trading Conclusion:
LAUREATE RES and STEEL (LRRS.OB) was trading in a strong bearish 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 : 0.019, 0.025, 0.030, 0.035, 0.050.
Stock Support levels : -0.035,.