Today we will analyze the stock FFP (FFP.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in FFP (FFP.MU)
1- Last bullish trend was from 29.22 $ (4/24/2012) to 30.62 $ (4/25/2012) a 1.40 $ move 2- The current bearish trend started from 30.62 $ at 4/25/2012 and is currently trading at 28.20 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
FFP (FFP.MU) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 29.220 and 31.960,resistance between 30.620 and 32.920, the stock channel is currently supported from below by 26.784 and resisted from above by 28.608.
FFP (FFP.MU) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 36.070 and 38.740, and is currently resisting at 31.714.
FFP (FFP.MU) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 29.520 and 28.660 that was broken down at 30.780 transforming into a resistance line.

Stock Trading Conclusion:
FFP (FFP.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 28.77, 29.12, 29.41, 29.70, 30.62, 31.46, 31.71.
Stock Support levels :.