Stock Technical indicators to notice in CIRRUS LOGIC (CRU.DE)
1- Last bullish trend was from 9.60 $ (1/31/2011) to 12.00 $ (4/27/2011) a 2.40 $ move 2- The current bearish trend started from 12.00 $ at 4/27/2011 and is currently trading at 11.30 $.
4- CRU.DE current resistance level is at 11.43 which is the 23.60 % fibonacci retracement of the last 2.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CIRRUS LOGIC (CRU.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 12.000 and 12.430, and is currently resisting at 11.946.
CIRRUS LOGIC (CRU.DE) Mid term stock chart patterns for internet stock trading :
None.
CIRRUS LOGIC (CRU.DE) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 15.000 and 15.440, and is currently resisting at 14.323.
Stock Trading Conclusion:
CIRRUS LOGIC (CRU.DE) 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 : 11.43, 11.47, 11.57, 11.65, 11.73, 11.95, 12.00, 14.32.
Stock Support levels : 11.08, 10.80, 10.52, 9.60, 8.95,.
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