Today we will analyze the stock BP PLC (BP.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in BP PLC (BP.BA)
1- Last bearish trend was from 40.00 $ (12/13/2011) to 37.75 $ (12/14/2011) a 2.25 $ move 2- The current bullish trend started from 37.75 $ at 12/14/2011 and is currently trading at 46.35 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
BP PLC (BP.BA) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 40.000 and 42.000 that was broken up at 42.000 transforming into a supporting line.
BP PLC (BP.BA) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 37.750 and 32.400, and is currently supporting at 43.694.
BP PLC (BP.BA) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 37.750 and 32.400, and is currently supporting at 43.694.

Stock Trading Conclusion:
BP PLC (BP.BA) 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 : .
Stock Support levels : 44.32, 43.69, 43.06, 42.05, 41.04, 37.75,.