Today we will analyze the stock C-COR (916616.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in C-COR (916616.MU)
1- Last bullish trend was from 7.75 $ (11/23/2007) to 8.51 $ (12/13/2007) a 0.76 $ move 2- The current bearish trend started from 8.51 $ at 12/13/2007 and is currently trading at 7.79 $.
3- 916616.MU current support level is at 7.75 which is the 100.00 % fibonacci retracement of the last 0.76 $ move.
4- 916616.MU current resistance level is at 8.04 which is the 61.80 % fibonacci retracement of the last 0.76 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
C-COR (916616.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 7.750 and 7.670 that was broken down at 7.790 transforming into a resistance line.
C-COR (916616.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 8.510 and 8.680, and is currently resisting at 8.505.
C-COR (916616.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 8.680 and 9.100, and is currently resisting at 8.109.

Stock Trading Conclusion:
C-COR (916616.MU) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 7.90, 7.96, 8.04, 8.07, 8.11, 8.13, 8.15, 8.22, 8.23, 8.33, 8.50, 8.51,.
Stock Support levels : 7.75, 7.54,.