Today we will analyze the stock SAP (SAP.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SAP (SAP.SG)
1- Last bullish trend was from 55.52 $ (2/5/2014) to 58.40 $ (2/18/2014) a 2.88 $ move 2- The current bearish trend started from 58.40 $ at 2/18/2014 and is currently trading at 55.71 $.
3- SAP.SG current support level is at 55.52 which is the 100.00 % fibonacci retracement of the last 2.88 $ move.
4- SAP.SG current resistance level is at 56.62 which is the 61.80 % fibonacci retracement of the last 2.88 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SAP (SAP.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 58.400 and 62.930, and is currently resisting at 56.213.
SAP (SAP.SG) Mid term stock chart patterns for internet stock trading :

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

7- The Stock was resisted by a resistance line, identified by two points: 62.930 and 64.210, and is currently resisting at 62.606.

Stock Trading Conclusion:
SAP (SAP.SG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 56.21, 56.34, 56.62, 56.74, 56.96, 57.06, 57.30, 57.37, 57.72, 58.40, 62.61.
Stock Support levels : 55.52, 54.74,.