Stock Technical indicators to notice in OROCO RESOURCE CORP (Tier2) (OCO.V)
1- Last bullish trend was from 0.23 $ (4/26/2012) to 0.28 $ (5/1/2012) a 0.05 $ move 2- The current bearish trend started from 0.28 $ at 5/1/2012 and is currently trading at 0.25 $.
4- OCO.V current resistance level is at 0.25 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
OROCO RESOURCE CORP (Tier2) (OCO.V) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.290, and is currently resisting at 0.277.
OROCO RESOURCE CORP (Tier2) (OCO.V) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.290, and is currently resisting at 0.277.
OROCO RESOURCE CORP (Tier2) (OCO.V) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.290, and is currently resisting at 0.277.
Stock Trading Conclusion:
OROCO RESOURCE CORP (Tier2) (OCO.V) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.255, 0.257, 0.261, 0.261, 0.265, 0.268, 0.269, 0.277, 0.280, 0.290,.
Stock Support levels : 0.249, 0.230, 0.216,.
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