Today we will analyze the stock GEN GROWTH PROP (GGP.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in GEN GROWTH PROP (GGP.MU)
1- Last bearish trend was from 0.80 $ (4/8/2009) to 0.08 $ (4/27/2009) a 0.72 $ move 2- The current bullish trend started from 0.08 $ at 4/27/2009 and is currently trading at 0.44 $.
3- GGP.MU current support level is at 0.44 which is the 50.00 % fibonacci retracement of the last 0.72 $ move.
4- GGP.MU current resistance level is at 0.52 which is the 61.80 % fibonacci retracement of the last 0.72 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GEN GROWTH PROP (GGP.MU) Short term stock chart patterns for internet stock trading :

None.
GEN GROWTH PROP (GGP.MU) Mid term stock chart patterns for internet stock trading :

None.
GEN GROWTH PROP (GGP.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
GEN GROWTH PROP (GGP.MU) was trading in a strong 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 : 0.525, 0.800, 0.996, 1.245.
Stock Support levels : 0.355, 0.355, 0.302, 0.260, 0.250, 0.218, 0.080,.