Today we will analyze the stock LIONAX INTL INVT (MLION.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in LIONAX INTL INVT (MLION.PA)
1- Last bullish trend was from 0.07 $ (4/11/2012) to 0.10 $ (4/12/2012) a 0.03 $ move 2- The current bearish trend started from 0.10 $ at 4/12/2012 and is currently trading at 0.06 $.
3- MLION.PA current support level is at 0.05 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
4- MLION.PA current resistance level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
LIONAX INTL INVT (MLION.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.100 .
LIONAX INTL INVT (MLION.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.100 .
LIONAX INTL INVT (MLION.PA) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
11- The Stock formed Double Top Pattern at 0.100 .

Stock Trading Conclusion:
LIONAX INTL INVT (MLION.PA) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.062, 0.069, 0.070, 0.075, 0.080, 0.081, 0.085, 0.085, 0.089, 0.093, 0.100, 0.100.
Stock Support levels :.