Today we will analyze the stock FUJITSU BUSINES SYS (FBU.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in FUJITSU BUSINES SYS (FBU.MU)
1- Last bullish trend was from 12.51 $ (6/24/2009) to 13.84 $ (7/3/2009) a 1.33 $ move 2- The current bearish trend started from 13.84 $ at 7/3/2009 and is currently trading at 12.80 $.
3- FBU.MU current support level is at 12.51 which is the 100.00 % fibonacci retracement of the last 1.33 $ move.
4- FBU.MU current resistance level is at 13.02 which is the 61.80 % fibonacci retracement of the last 1.33 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FUJITSU BUSINES SYS (FBU.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 12.510 and 8.680 that was broken down at 13.560 transforming into a resistance line.
FUJITSU BUSINES SYS (FBU.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 12.510 and 8.680 that was broken down at 13.560 transforming into a resistance line.
FUJITSU BUSINES SYS (FBU.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
FUJITSU BUSINES SYS (FBU.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 : 13.02, 13.05, 13.18, 13.20, 13.32, 13.33, 13.44, 13.53, 13.84, 15.60,.
Stock Support levels : 12.51, 12.15,.