Today we will analyze the stock LOON ENERGY INC (Tier2) (LEY.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in LOON ENERGY INC (Tier2) (LEY.V)
1- Last bullish trend was from 0.24 $ (12/2/2008) to 0.27 $ (12/4/2008) a 0.03 $ move 2- The current bearish trend started from 0.27 $ at 12/4/2008 and is currently trading at 0.25 $.
3- LEY.V current support level is at 0.24 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- LEY.V current resistance level is at 0.25 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
LOON ENERGY INC (Tier2) (LEY.V) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.240 and 0.230 that was broken down at 0.250 transforming into a resistance line.
LOON ENERGY INC (Tier2) (LEY.V) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.210 and 0.200, and is currently supporting at 0.237.
LOON ENERGY INC (Tier2) (LEY.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
LOON ENERGY INC (Tier2) (LEY.V) was trading in a bullish 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 : 0.251, 0.255, 0.255, 0.258, 0.259, 0.260, 0.262, 0.263, 0.270, 0.300.
Stock Support levels : 0.240, 0.237, 0.232,.