Today we will analyze the stock X RITE INC (XRI.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in X RITE INC (XRI.SW)
1- Last bullish trend was from 11.50 $ (11/14/2007) to 13.40 $ (11/15/2007) a 1.90 $ move 2- The current bearish trend started from 13.40 $ at 11/15/2007 and is currently trading at 11.50 $.
3- XRI.SW current support level is at 10.98 which is the 127.20 % fibonacci retracement of the last 1.90 $ move.
4- XRI.SW current resistance level is at 11.50 which is the 100.00 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
X RITE INC (XRI.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 13.400 and 16.500, and is currently resisting at 13.035.
X RITE INC (XRI.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.400 and 16.500, and is currently resisting at 13.035.
X RITE INC (XRI.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 13.400 and 16.500, and is currently resisting at 13.035.

Stock Trading Conclusion:
X RITE INC (XRI.SW) was trading in a strong 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 : 11.95, 12.23, 12.45, 12.67, 12.95, 13.04, 13.25, 13.40, 17.61.
Stock Support levels : 10.98,.