Stock Technical indicators to notice in John D. Oil and Gas Co. (JDOG.OB)
1- Last bullish trend was from 0.03 $ (9/27/2011) to 0.04 $ (11/3/2011) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 11/3/2011 and is currently trading at 0.02 $.
John D. Oil and Gas Co. (JDOG.OB) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.060, the stock channel is currently supported from below by 0.008 and resisted from above by 0.023.
John D. Oil and Gas Co. (JDOG.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.060, the stock channel is currently supported from below by 0.008 and resisted from above by 0.023.
John D. Oil and Gas Co. (JDOG.OB) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.060, the stock channel is currently supported from below by 0.008 and resisted from above by 0.023.
Stock Trading Conclusion:
John D. Oil and Gas Co. (JDOG.OB) 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 : 0.025, 0.028, 0.030, 0.032, 0.040.
Stock Support levels :.
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