Today we will analyze the stock Cray Inc (CRAY) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Cray Inc (CRAY)
1- Last bearish trend was from 5.79 $ (8/30/2010) to 5.41 $ (8/31/2010) a 0.38 $ move 2- The current bullish trend started from 5.41 $ at 8/31/2010 and is currently trading at 5.65 $.
3- CRAY current support level is at 5.64 which is the 61.80 % fibonacci retracement of the last 0.38 $ move.
4- CRAY current resistance level is at 5.79 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Cray Inc (CRAY) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.410 and 5.110, and is currently supporting at 5.470.
Cray Inc (CRAY) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 5.020 and 5.840,resistance between 5.790 and 6.710, the stock channel is currently supported from below by 4.487 and resisted from above by 5.698.
Cray Inc (CRAY) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Cray Inc (CRAY) 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 : 5.79, 5.89, 6.02, 6.73.
Stock Support levels : 5.64, 5.60, 5.59, 5.56, 5.56, 5.53, 5.50, 5.50, 5.47, 5.41,.