Today we will analyze the stock ZAP (ZAAP.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in ZAP (ZAAP.OB)
1- Last bullish trend was from 0.16 $ (4/23/2012) to 0.18 $ (5/4/2012) a 0.02 $ move 2- The current bearish trend started from 0.18 $ at 5/4/2012 and is currently trading at 0.16 $.
3- ZAAP.OB current support level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- ZAAP.OB current resistance level is at 0.16 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ZAP (ZAAP.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.190, and is currently resisting at 0.177.
ZAP (ZAAP.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.190, and is currently resisting at 0.177.
ZAP (ZAAP.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.190, and is currently resisting at 0.177.

Stock Trading Conclusion:
ZAP (ZAAP.OB) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.165, 0.168, 0.170, 0.172, 0.175, 0.177, 0.180, 0.190, 0.200.
Stock Support levels : 0.155,.