Today we will analyze the stock IMMUNOMEDICS (IM3.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in IMMUNOMEDICS (IM3.MU)
1- Last bullish trend was from 2.44 $ (4/19/2012) to 2.94 $ (4/26/2012) a 0.50 $ move 2- The current bearish trend started from 2.94 $ at 4/26/2012 and is currently trading at 2.66 $.
3- IM3.MU current support level is at 2.63 which is the 61.80 % fibonacci retracement of the last 0.50 $ move.
4- IM3.MU current resistance level is at 2.69 which is the 50.00 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
IMMUNOMEDICS (IM3.MU) Short term stock chart patterns for internet stock trading :

None.
IMMUNOMEDICS (IM3.MU) Mid term stock chart patterns for internet stock trading :

None.
IMMUNOMEDICS (IM3.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
IMMUNOMEDICS (IM3.MU) was trading in a 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 : 2.69, 2.73, 2.75, 2.77, 2.80, 2.82, 2.83, 2.94,.
Stock Support levels : 2.63, 2.44, 2.30,.