Today we will analyze the stock DRILLISCH (DRI.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in DRILLISCH (DRI.MU)
1- Last bearish trend was from 8.53 $ (3/26/2012) to 8.23 $ (3/29/2012) a 0.30 $ move 2- The current bullish trend started from 8.23 $ at 3/29/2012 and is currently trading at 8.61 $.
3- DRI.MU current support level is at 8.53 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
4- DRI.MU current resistance level is at 8.61 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DRILLISCH (DRI.MU) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 8.230 and 7.270,resistance between 8.530 and 7.710 which was broken down at 8.410.
DRILLISCH (DRI.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.780 and 5.350 that was broken down at 6.570 transforming into a resistance line.
DRILLISCH (DRI.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
DRILLISCH (DRI.MU) was trading in a bearish wave, which is becoming weaker .
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 : 8.61, 8.72, 9.59, 10.70.
Stock Support levels : 8.53, 8.52, 8.46, 8.42, 8.42, 8.38, 8.38, 8.34, 8.30, 8.23,.