Stock Technical indicators to notice in KODIAK ENERGY (KDK.V)
1- Last bullish trend was from 0.42 $ (11/5/2009) to 0.47 $ (11/6/2009) a 0.05 $ move 2- The current bearish trend started from 0.47 $ at 11/6/2009 and is currently trading at 0.31 $.
KODIAK ENERGY (KDK.V) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 0.420 and 0.380,resistance between 0.470 and 0.440 which was broken down at 0.390.
KODIAK ENERGY (KDK.V) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.600, and is currently resisting at 0.427.
KODIAK ENERGY (KDK.V) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.600, and is currently resisting at 0.427.
Stock Trading Conclusion:
KODIAK ENERGY (KDK.V) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 0.348, 0.371, 0.390, 0.409, 0.427, 0.470, 0.487.
Stock Support levels :.
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