Today we will analyze the stock FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO)
1- Last bullish trend was from 19.29 $ (1/13/2012) to 21.55 $ (2/1/2012) a 2.26 $ move 2- The current bearish trend started from 21.55 $ at 2/1/2012 and is currently trading at 20.81 $.
3- FRU-UN.TO current support level is at 20.69 which is the 38.20 % fibonacci retracement of the last 2.26 $ move.
4- FRU-UN.TO current resistance level is at 21.02 which is the 23.60 % fibonacci retracement of the last 2.26 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 19.290 and 18.450, and is currently supporting at 19.953.
FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 15.050 and 18.330,resistance between 20.380 and 22.960 which was broken up at 17.730.
FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 15.050 and 18.330,resistance between 20.380 and 22.960 which was broken up at 17.730.

Stock Trading Conclusion:
FREEHOLD ROYALTY T TRUST UNITS (FRU-UN.TO) was trading in a strong 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 : 20.98, 21.02, 21.09, 21.18, 21.27, 21.55,.
Stock Support levels : 20.69, 20.42, 20.15, 19.95, 19.29, 18.68, 17.89, 15.47,.