Today we will analyze the stock GRAMERCY CAPITAL (GGU.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in GRAMERCY CAPITAL (GGU.MU)
1- Last bullish trend was from 1.93 $ (4/23/2012) to 2.06 $ (5/3/2012) a 0.13 $ move 2- The current bearish trend started from 2.06 $ at 5/3/2012 and is currently trading at 2.02 $.
3- GGU.MU current support level is at 2.01 which is the 38.20 % fibonacci retracement of the last 0.13 $ move.
4- GGU.MU current resistance level is at 2.03 which is the 23.60 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
GRAMERCY CAPITAL (GGU.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.930 and 1.920, and is currently supporting at 1.941.
GRAMERCY CAPITAL (GGU.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.920 and 1.860, and is currently supporting at 1.950.
GRAMERCY CAPITAL (GGU.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.860 and 1.850, and is currently supporting at 1.876.

Stock Trading Conclusion:
GRAMERCY CAPITAL (GGU.MU) was trading in a 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 : 2.03, 2.03, 2.04, 2.04, 2.04, 2.06,.
Stock Support levels : 2.01, 1.99, 1.98, 1.95, 1.94, 1.93, 1.89, 1.88,.