Stock Technical indicators to notice in OPMEDIC GROUP INC COM NPV (OMG.TO)
1- Last bullish trend was from 2.48 $ (4/18/2012) to 2.95 $ (5/3/2012) a 0.47 $ move 2- The current bearish trend started from 2.95 $ at 5/3/2012 and is currently trading at 2.80 $.
4- OMG.TO current resistance level is at 2.84 which is the 23.60 % fibonacci retracement of the last 0.47 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
OPMEDIC GROUP INC COM NPV (OMG.TO) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 2.950 and 3.340, and is currently resisting at 2.904.
OPMEDIC GROUP INC COM NPV (OMG.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 3.480 and 3.850, and is currently resisting at 3.269.
OPMEDIC GROUP INC COM NPV (OMG.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 3.480 and 3.850, and is currently resisting at 3.269.
Stock Trading Conclusion:
OPMEDIC GROUP INC COM NPV (OMG.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 : 2.84, 2.84, 2.86, 2.88, 2.89, 2.90, 2.95, 3.27,.
Stock Support levels : 2.77, 2.72, 2.66, 2.48, 2.35,.
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