Today we will analyze the stock REALTY INCOME (RY6.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in REALTY INCOME (RY6.MU)
1- Last bearish trend was from 27.33 $ (12/28/2011) to 26.12 $ (1/5/2012) a 1.21 $ move 2- The current bullish trend started from 26.12 $ at 1/5/2012 and is currently trading at 27.97 $.
3- RY6.MU current support level is at 27.66 which is the 127.20 % fibonacci retracement of the last 1.21 $ move.
4- RY6.MU current resistance level is at 28.08 which is the 161.80 % fibonacci retracement of the last 1.21 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
REALTY INCOME (RY6.MU) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 26.120 and 25.520, and is currently supporting at 27.265.
REALTY INCOME (RY6.MU) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 22.770 and 19.980, and is currently supporting at 27.683.
REALTY INCOME (RY6.MU) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 22.770 and 19.980, and is currently supporting at 27.683.

Stock Trading Conclusion:
REALTY INCOME (RY6.MU) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 28.08.
Stock Support levels : 27.68, 27.66, 27.53, 27.33, 27.27, 27.26, 27.05, 26.87, 26.83, 26.73, 26.58, 26.41, 26.12,.