OAK Financial Corp. (OTC BB: OKFC.OB) (OTC:OKFC) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock OAK Financial Corp. (OKFC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in OAK Financial Corp. (OKFC.OB)
1- Last bearish trend was from 27.10 $ (1/21/2010) to 24.65 $ (2/9/2010) a 2.45 $ move 2- The current bullish trend started from 24.65 $ at 2/9/2010 and is currently trading at 25.90 $. 3- OKFC.OB current support level is at 25.88 which is the 50.00 % fibonacci retracement of the last 2.45 $ move.
4- OKFC.OB current resistance level is at 26.16 which is the 61.80 % fibonacci retracement of the last 2.45 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
OAK Financial Corp. (OKFC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 24.650 and 17.080 that was broken down at 25.000 transforming into a resistance line.
OAK Financial Corp. (OKFC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 17.080 and 16.000, and is currently supporting at 17.413.
OAK Financial Corp. (OKFC.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 17.080 and 16.000, and is currently supporting at 17.413.

Stock Trading Conclusion:
OAK Financial Corp. (OKFC.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 26.16, 27.10, 27.77, 28.61, 31.10.
Stock Support levels : 25.88, 25.60, 25.59, 25.42, 25.27, 25.23, 25.13, 24.65, 17.41,.