Today we will analyze the stock SAXON OIL CO (OVG.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SAXON OIL CO (OVG.BE)
1- Last bearish trend was from 0.15 $ (4/1/2011) to 0.14 $ (4/7/2011) a 0.01 $ move 2- The current bullish trend started from 0.14 $ at 4/7/2011 and is currently trading at 0.17 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SAXON OIL CO (OVG.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.140 .
5- The Stock formed a 0.020 $ height triangle which was broken up at 0.150, target of the pattern is 0.170.
SAXON OIL CO (OVG.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.140 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.150, target of the pattern is 0.170.
SAXON OIL CO (OVG.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.170 and 0.180 that was broken up at 0.140 transforming into a supporting line.

Stock Trading Conclusion:
SAXON OIL CO (OVG.BE) 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 : 0.163, 0.159, 0.155, 0.151, 0.150, 0.143, 0.140,.