Stock Technical indicators to notice in Odyne Corporation (ODYC.OB)
1- Last bullish trend was from 0.02 $ (1/2/2009) to 0.04 $ (1/5/2009) a 0.02 $ move 2- The current bearish trend started from 0.04 $ at 1/5/2009 and is currently trading at 0.01 $.
4- ODYC.OB current resistance level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Odyne Corporation (ODYC.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.020.
Odyne Corporation (ODYC.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.020.
Odyne Corporation (ODYC.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.020.
Stock Trading Conclusion:
Odyne Corporation (ODYC.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 : 0.015, 0.017, 0.020, 0.021, 0.025, 0.028, 0.029, 0.030, 0.032, 0.035, 0.040,.
Stock Support levels : 0.008.
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