Today we will analyze the stock LABRADOR IRON MINES HLDS LTD (LIR.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in LABRADOR IRON MINES HLDS LTD (LIR.TO)
1- Last bearish trend was from 1.46 $ (4/24/2009) to 1.25 $ (5/4/2009) a 0.21 $ move 2- The current bullish trend started from 1.25 $ at 5/4/2009 and is currently trading at 1.47 $.
3- LIR.TO current support level is at 1.46 which is the 100.00 % fibonacci retracement of the last 0.21 $ move.
4- LIR.TO current resistance level is at 1.52 which is the 127.20 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
LABRADOR IRON MINES HLDS LTD (LIR.TO) Short term stock chart patterns for internet stock trading :

None.
LABRADOR IRON MINES HLDS LTD (LIR.TO) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.460 and 1.600 that was broken up at 1.470 transforming into a supporting line.
LABRADOR IRON MINES HLDS LTD (LIR.TO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.250 and 1.020, and is currently supporting at 1.260.

Stock Trading Conclusion:
LABRADOR IRON MINES HLDS LTD (LIR.TO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 1.52, 1.59.
Stock Support levels : 1.46, 1.42, 1.39, 1.38, 1.36, 1.36, 1.33, 1.33, 1.30, 1.30, 1.26, 1.25,.