Today we will analyze the stock RICHARDS OIL and GAS (ROGSF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in RICHARDS OIL and GAS (ROGSF.PK)
1- Last bearish trend was from 0.04 $ (2/12/2009) to 0.03 $ (2/27/2009) a 0.01 $ move 2- The current bullish trend started from 0.03 $ at 2/27/2009 and is currently trading at 0.04 $.
3- ROGSF.PK current support level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- ROGSF.PK current resistance level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
RICHARDS OIL and GAS (ROGSF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

RICHARDS OIL and GAS (ROGSF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

RICHARDS OIL and GAS (ROGSF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.


Stock Trading Conclusion:
RICHARDS OIL and GAS (ROGSF.PK) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.043, 0.046.
Stock Support levels : 0.038, 0.036, 0.036, 0.035, 0.034, 0.032, 0.030,.