Stock Technical indicators to notice in FUJITSU (FUJ1.DE)
1- Last bullish trend was from 3.51 $ (4/27/2011) to 3.98 $ (5/9/2011) a 0.47 $ move 2- The current bearish trend started from 3.98 $ at 5/9/2011 and is currently trading at 3.60 $.
4- FUJ1.DE current resistance level is at 3.69 which is the 61.80 % fibonacci retracement of the last 0.47 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FUJITSU (FUJ1.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 3.980 and 7.220, and is currently resisting at 3.639.
FUJITSU (FUJ1.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 3.980 and 7.220, and is currently resisting at 3.639.
FUJITSU (FUJ1.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 3.980 and 7.220, and is currently resisting at 3.639.
Stock Trading Conclusion:
FUJITSU (FUJ1.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 : 3.64, 3.69, 3.69, 3.74, 3.75, 3.79, 3.80, 3.83, 3.85, 3.87, 3.98,.
Stock Support levels : 3.51, 3.38,.
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