Today we will analyze the stock FAST RETAILING (FR7.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in FAST RETAILING (FR7.DE)
1- Last bearish trend was from 116.00 $ (11/8/2010) to 88.00 $ (3/23/2011) a 28.00 $ move 2- The current bullish trend started from 88.00 $ at 3/23/2011 and is currently trading at 99.80 $.
3- FR7.DE current support level is at 98.70 which is the 38.20 % fibonacci retracement of the last 28.00 $ move.
4- FR7.DE current resistance level is at 102.00 which is the 50.00 % fibonacci retracement of the last 28.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
FAST RETAILING (FR7.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 116.000 and 122.550, and is currently resisting at 100.280.
FAST RETAILING (FR7.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 116.000 and 129.900 that was broken up at 99.800 transforming into a supporting line.
FAST RETAILING (FR7.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 116.000 and 129.900 that was broken up at 99.800 transforming into a supporting line.

Stock Trading Conclusion:
FAST RETAILING (FR7.DE) 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 : 100.28, 102.00, 105.30, 116.00, 123.62, 133.30.
Stock Support levels : 98.70, 97.02, 95.29, 94.61, 93.90, 92.51, 92.17, 88.00,.