Stock Technical indicators to notice in OROANDES RESOURCES CORP. (Tier2 (OAR.V)
1- Last bullish trend was from 0.10 $ (11/29/2011) to 0.16 $ (11/30/2011) a 0.06 $ move 2- The current bearish trend started from 0.16 $ at 11/30/2011 and is currently trading at 0.12 $.
4- OAR.V current resistance level is at 0.12 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bearish Divergance in MACD Indicator .
OROANDES RESOURCES CORP. (Tier2 (OAR.V) Short term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.100 and 0.080, and is currently supporting at 0.105.
OROANDES RESOURCES CORP. (Tier2 (OAR.V) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.100 and 0.080, and is currently supporting at 0.105.
OROANDES RESOURCES CORP. (Tier2 (OAR.V) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 0.100 and 0.080, and is currently supporting at 0.105.
Stock Trading Conclusion:
OROANDES RESOURCES CORP. (Tier2 (OAR.V) was trading in a bullish 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 : 0.123, 0.129, 0.130, 0.135, 0.137, 0.140, 0.145, 0.146, 0.160,.
Stock Support levels : 0.105, 0.100, 0.084,.
Related Stocks
| OPEN EC TECHNOLOGIES |
| ORACLE ENERGY CORP. (Tier2) |
| OROCO RESOURCE CORP (Tier2) |
| ODYSSEY PETROLEUM CORP. (Tier2) |
| ODIN MINING AND EXPLORATION LTD |