Today we will analyze the stock Cogent (COGT) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Cogent (COGT)
1- Last bullish trend was from 8.50 $ (8/13/2010) to 11.23 $ (9/1/2010) a 2.73 $ move 2- The current bearish trend started from 11.23 $ at 9/1/2010 and is currently trading at 10.51 $.
3- COGT current support level is at 10.19 which is the 38.20 % fibonacci retracement of the last 2.73 $ move.
4- COGT current resistance level is at 10.59 which is the 23.60 % fibonacci retracement of the last 2.73 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Cogent (COGT) Short term stock chart patterns for internet stock trading :

None.
Cogent (COGT) Mid term stock chart patterns for internet stock trading :

None.
Cogent (COGT) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.650 and 11.290 that was broken up at 11.090 transforming into a supporting line.

Stock Trading Conclusion:
Cogent (COGT) was trading in a bullish wave, which is becoming stronger .
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 : 10.59, 10.68, 10.79, 10.87, 10.95, 11.23,.
Stock Support levels : 10.19, 9.86, 9.54, 8.70, 8.50, 7.76,.