Today we will analyze the stock REVUS ENERGY (R7E.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in REVUS ENERGY (R7E.MU)
1- Last bullish trend was from 5.20 $ (10/24/2008) to 12.05 $ (11/6/2008) a 6.85 $ move 2- The current bearish trend started from 12.05 $ at 11/6/2008 and is currently trading at 11.49 $.
3- R7E.MU current support level is at 10.43 which is the 23.60 % fibonacci retracement of the last 6.85 $ move.
4- R7E.MU current resistance level is at 12.05 which is the 0.00 % fibonacci retracement of the last 6.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
REVUS ENERGY (R7E.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.200 and 4.500, and is currently supporting at 7.930.
REVUS ENERGY (R7E.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.560 $ height triangle which was broken up at 5.430, target of the pattern is 9.990.
REVUS ENERGY (R7E.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.560 $ height triangle which was broken up at 5.430, target of the pattern is 9.990.

Stock Trading Conclusion:
REVUS ENERGY (R7E.MU) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 11.62, 11.70, 11.77, 11.84, 12.05,.
Stock Support levels : 10.43, 9.43, 8.63, 7.93, 7.82, 5.20, 3.34, 0.97, -2.17,.