Today we will analyze the stock SAP (SAP.HA) for internet stock trading in the HA stock market,
Stock Technical indicators to notice in SAP (SAP.HA)
1- Last bullish trend was from 48.71 $ (4/24/2012) to 50.50 $ (5/2/2012) a 1.79 $ move 2- The current bearish trend started from 50.50 $ at 5/2/2012 and is currently trading at 46.86 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SAP (SAP.HA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 13.010 $ height triangle which was broken down at 49.160, target of the pattern is 36.150.
SAP (SAP.HA) Mid term stock chart patterns for internet stock trading :

None.
SAP (SAP.HA) Long term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 39.830 and 33.000 that was broken down at 46.860 transforming into a resistance line.

Stock Trading Conclusion:
SAP (SAP.HA) was trading in a bearish wave, which is becoming stronger .
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 : 46.97, 47.72, 48.25, 48.68, 49.11, 49.53, 50.50.
Stock Support levels : 36.15.