Today we will analyze the stock CERAGON NETWORKS (CRNT.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in CERAGON NETWORKS (CRNT.TA)
1- Last bearish trend was from 3,630.00 $ (4/18/2012) to 3,477.00 $ (4/30/2012) a 153.00 $ move 2- The current bullish trend started from 3,477.00 $ at 4/30/2012 and is currently trading at 3,591.00 $.
3- CRNT.TA current support level is at 3,571.55 which is the 61.80 % fibonacci retracement of the last 153.00 $ move.
4- CRNT.TA current resistance level is at 3,630.00 which is the 100.00 % fibonacci retracement of the last 153.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CERAGON NETWORKS (CRNT.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3,477.000 and 3,451.000, and is currently supporting at 3,482.200.
CERAGON NETWORKS (CRNT.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 3,039.000 and 2,947.000,resistance between 3,385.000 and 3,191.000, the stock channel is currently supported from below by 3,407.000 and resisted from above by 3,874.217.
CERAGON NETWORKS (CRNT.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1,092.000 $ height triangle which was broken up at 3,214.000 in higher than usual volume, target of the pattern is 4,306.000.

Stock Trading Conclusion:
CERAGON NETWORKS (CRNT.TA) 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 : 3,630.00, 3,671.62, 3,724.55, 4,306.00.
Stock Support levels : 3,571.55, 3,564.10, 3,553.50, 3,547.45, 3,535.45, 3,534.00, 3,520.55, 3,513.11, 3,482.20, 3,477.00,.