Today we will analyze the stock First Industrial Realty Trust (FR) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in First Industrial Realty Trust (FR)
1- Last bullish trend was from 11.81 $ (4/23/2012) to 12.72 $ (5/2/2012) a 0.91 $ move 2- The current bearish trend started from 12.72 $ at 5/2/2012 and is currently trading at 12.18 $.
3- FR current support level is at 12.16 which is the 61.80 % fibonacci retracement of the last 0.91 $ move.
4- FR current resistance level is at 12.27 which is the 50.00 % fibonacci retracement of the last 0.91 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
First Industrial Realty Trust (FR) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 11.810 and 11.500,resistance between 12.720 and 12.350 which was broken down at 12.180 in higher than usual volume.
First Industrial Realty Trust (FR) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 11.500 and 9.080,resistance between 12.500 and 10.050, the stock channel is currently supported from below by 12.143 and resisted from above by 13.306.
First Industrial Realty Trust (FR) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.650 $ height triangle which was broken up at 10.160, target of the pattern is 11.810 which was broken down at 12.130, target of the pattern is 10.480.

Stock Trading Conclusion:
First Industrial Realty Trust (FR) was trading in a bearish 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 : 12.22, 12.27, 12.31, 12.37, 12.39, 12.45, 12.51, 12.51, 12.72, 13.08.
Stock Support levels : 12.16, 11.81, 11.56, 11.25, 10.48,.