Today we will analyze the stock SUESS MICROTEC (SMH.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in SUESS MICROTEC (SMH.DU)
1- Last bearish trend was from 7.97 $ (8/31/2011) to 6.74 $ (9/6/2011) a 1.23 $ move 2- The current bullish trend started from 6.74 $ at 9/6/2011 and is currently trading at 7.23 $.
3- SMH.DU current support level is at 7.21 which is the 38.20 % fibonacci retracement of the last 1.23 $ move.
4- SMH.DU current resistance level is at 7.35 which is the 50.00 % fibonacci retracement of the last 1.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SUESS MICROTEC (SMH.DU) Short term stock chart patterns for internet stock trading :

None.
SUESS MICROTEC (SMH.DU) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.970 and 8.130, and is currently resisting at 7.850.
SUESS MICROTEC (SMH.DU) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 7.970 and 8.130, and is currently resisting at 7.850.

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

Stock Resistance Levels : 7.35, 7.50, 7.85, 7.97, 8.30, 8.73.
Stock Support levels : 7.21, 7.11, 7.04, 7.03, 6.99, 6.93, 6.74,.