Cogent (NASDAQ: COGT) (NASDAQ:COGT) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

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 bearish trend was from 10.44 $ (2/25/2010) to 9.83 $ (3/3/2010) a 0.61 $ move 2- The current bullish trend started from 9.83 $ at 3/3/2010 and is currently trading at 10.51 $. 3- COGT current support level is at 10.44 which is the 100.00 % fibonacci retracement of the last 0.61 $ move.
4- COGT current resistance level is at 10.61 which is the 127.20 % fibonacci retracement of the last 0.61 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Cogent (COGT) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 10.440 and 11.290 that was broken up at 10.270 transforming into a supporting line.
Cogent (COGT) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 9.830 and 8.530,resistance between 11.290 and 10.160, the stock channel is currently supported from below by 9.933 and resisted from above by 11.933.
Cogent (COGT) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 11.290 and 11.580, and is currently resisting at 11.209.

Stock Trading Conclusion:
Cogent (COGT) was trading in a 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 : 10.61, 10.82, 11.21.
Stock Support levels : 10.44, 10.35, 10.25, 10.21, 10.17, 10.14, 10.12, 10.09, 10.06, 9.97, 9.83,.