Today we will analyze the stock DENDREON (DNR.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in DENDREON (DNR.DE)
1- Last bearish trend was from 24.30 $ (3/15/2011) to 23.50 $ (4/7/2011) a 0.80 $ move 2- The current bullish trend started from 23.50 $ at 4/7/2011 and is currently trading at 25.00 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
DENDREON (DNR.DE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 23.500 .
5- The Stock formed a 1.100 $ height triangle which was broken up at 25.000, target of the pattern is 26.100.
DENDREON (DNR.DE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 25.500 and 29.550 that was broken up at 25.000 transforming into a supporting line.
DENDREON (DNR.DE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 29.550 and 32.380 that was broken up at 24.500 transforming into a supporting line.

Stock Trading Conclusion:
DENDREON (DNR.DE) was trading in a bullish 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 : 26.10.
Stock Support levels : 24.65, 24.43, 24.25, 24.22, 24.07, 23.53, 23.50, 23.39,.