Today we will analyze the stock DENDREON (DNR.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in DENDREON (DNR.DU)
1- Last bullish trend was from 6.81 $ (4/19/2012) to 8.94 $ (5/3/2012) a 2.13 $ move 2- The current bearish trend started from 8.94 $ at 5/3/2012 and is currently trading at 8.59 $.
3- DNR.DU current support level is at 8.44 which is the 23.60 % fibonacci retracement of the last 2.13 $ move.
4- DNR.DU current resistance level is at 8.94 which is the 0.00 % fibonacci retracement of the last 2.13 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
DENDREON (DNR.DU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.810 and 6.670, and is currently supporting at 7.580.
DENDREON (DNR.DU) Mid term stock chart patterns for internet stock trading :

None.
DENDREON (DNR.DU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
DENDREON (DNR.DU) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.67, 8.72, 8.76, 8.81, 8.94,.
Stock Support levels : 8.44, 8.13, 7.88, 7.62, 7.58, 6.81, 6.23,.