Today we will analyze the stock MICROMET (CVXA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in MICROMET (CVXA.MU)
1- Last bullish trend was from 6.29 $ (1/24/2012) to 8.40 $ (2/16/2012) a 2.11 $ move 2- The current bearish trend started from 8.40 $ at 2/16/2012 and is currently trading at 8.33 $.
3- CVXA.MU current support level is at 7.90 which is the 23.60 % fibonacci retracement of the last 2.11 $ move.
4- CVXA.MU current resistance level is at 8.40 which is the 0.00 % fibonacci retracement of the last 2.11 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MICROMET (CVXA.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.290 and 5.090, and is currently supporting at 7.712.
MICROMET (CVXA.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.290 and 3.760, and is currently supporting at 8.314.
MICROMET (CVXA.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 3.760 and 3.050, and is currently supporting at 4.626.

Stock Trading Conclusion:
MICROMET (CVXA.MU) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.35, 8.36, 8.36, 8.37, 8.40,.
Stock Support levels : 8.31, 7.90, 7.71, 7.59, 7.34, 7.10, 6.29, 5.72, 4.99,.