Today we will analyze the stock ORBIT GARANT DRILLING INC (OGD.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in ORBIT GARANT DRILLING INC (OGD.TO)
1- Last bullish trend was from 5.19 $ (12/30/2011) to 5.80 $ (1/25/2012) a 0.61 $ move 2- The current bearish trend started from 5.80 $ at 1/25/2012 and is currently trading at 5.61 $.
3- OGD.TO current support level is at 5.57 which is the 38.20 % fibonacci retracement of the last 0.61 $ move.
4- OGD.TO current resistance level is at 5.66 which is the 23.60 % fibonacci retracement of the last 0.61 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ORBIT GARANT DRILLING INC (OGD.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 5.800 and 5.860, and is currently resisting at 5.786.
ORBIT GARANT DRILLING INC (OGD.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.190 and 4.700, and is currently supporting at 5.386.
ORBIT GARANT DRILLING INC (OGD.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.190 and 4.700, and is currently supporting at 5.386.

Stock Trading Conclusion:
ORBIT GARANT DRILLING INC (OGD.TO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.65, 5.66, 5.68, 5.70, 5.73, 5.79, 5.80,.
Stock Support levels : 5.57, 5.49, 5.42, 5.39, 5.19, 5.02,.