Today we will analyze the stock KODIAK ENERGY INC (KDKN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in KODIAK ENERGY INC (KDKN.OB)
1- Last bullish trend was from 0.03 $ (3/6/2012) to 0.04 $ (3/7/2012) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 3/7/2012 and is currently trading at 0.01 $.
3- 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.
KODIAK ENERGY INC (KDKN.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.040 .
KODIAK ENERGY INC (KDKN.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.040 .
KODIAK ENERGY INC (KDKN.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.040 .

Stock Trading Conclusion:
KODIAK ENERGY INC (KDKN.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 0.017, 0.021, 0.025, 0.029, 0.030, 0.040,.
Stock Support levels :.