Today we will analyze the stock CREE (CR6.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CREE (CR6.F)
1- Last bullish trend was from 42.91 $ (3/3/2014) to 44.42 $ (3/5/2014) a 1.51 $ move 2- The current bearish trend started from 44.42 $ at 3/5/2014 and is currently trading at 43.08 $.
3- CR6.F current support level is at 42.91 which is the 100.00 % fibonacci retracement of the last 1.51 $ move.
4- CR6.F current resistance level is at 43.49 which is the 61.80 % fibonacci retracement of the last 1.51 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
CREE (CR6.F) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 4.640 $ height triangle which was broken up at 43.990, target of the pattern is 48.630 which was broken down at 43.080 in higher than usual volume, target of the pattern is 38.440.
CREE (CR6.F) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 9.510 $ height triangle.
CREE (CR6.F) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 15.160 $ height triangle.

Stock Trading Conclusion:
CREE (CR6.F) was trading in a bearish 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 : 43.25, 43.40, 43.49, 43.59, 43.67, 43.75, 43.84, 43.91, 44.06, 44.42, 48.63.
Stock Support levels : 42.91, 42.78, 42.50, 41.98,.