Today we’ll analyze the stock Investors Real Estate Trust (IRETP) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Investors Real Estate Trust (IRETP)
1- Last bearish trend was from 22.98$ (12/29/2008) to 22.00$ (12/30/2008) a 0.98$ move
2- The current bullish trend started from 22.00$ at 12/30/2008 and is currently trading at 22.95$.

3- IRETP current support level is at 22.61 which is the 61.80% fibonacci retracement of the last 0.98$ move.
4- IRETP current resistance level is at 22.98 which is the 100.00% fibonacci retracement of the last 0.98$ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Investors Real Estate Trust (IRETP) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 4.16$ height triangle which was broken up at 22.75, target of the pattern is 26.91.
Investors Real Estate Trust (IRETP) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 20.06 and 18.15, resistance between 24.22 and 21.53, the stock channel is currently supported from below by 21.2272 and resisted from above by 25.9788.
Investors Real Estate Trust (IRETP) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 7.38$ height triangle.

Stock Trading Conclusion:
Investors Real Estate Trust (IRETP) was trading in a bullish wave, which is becoming stronger .
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 : 22.98, 23.25, 23.59, 26.91.
Stock Support levels : 22.73, 22.61, 22.60, 22.59, 22.49, 22.48, 22.37, 22.36, 22.23, 22.00,.