Today we will analyze the stock OROMIN EXPLORATIONS (OLEPF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in OROMIN EXPLORATIONS (OLEPF.OB)
1- Last bearish trend was from 0.44 $ (9/10/2013) to 0.35 $ (9/23/2013) a 0.09 $ move 2- The current bullish trend started from 0.35 $ at 9/23/2013 and is currently trading at 0.37 $.
3- OLEPF.OB current support level is at 0.35 which is the 0.00 % fibonacci retracement of the last 0.09 $ move.
4- OLEPF.OB current resistance level is at 0.37 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
OROMIN EXPLORATIONS (OLEPF.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.350 and 0.270 that was broken down at 0.370 transforming into a resistance line.
OROMIN EXPLORATIONS (OLEPF.OB) Mid term stock chart patterns for internet stock trading :

None.
OROMIN EXPLORATIONS (OLEPF.OB) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 0.270 and 0.200,resistance between 0.440 and 0.350, the stock channel is currently supported from below by 0.362 and resisted from above by 0.489.

Stock Trading Conclusion:
OROMIN EXPLORATIONS (OLEPF.OB) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.371, 0.379, 0.384, 0.395, 0.406, 0.440, 0.464, 0.496.
Stock Support levels : 0.365, 0.362, 0.360, 0.358, 0.350,.