Today we will analyze the stock ODIN MINING AND EXPLORATION LTD (ODN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ODIN MINING AND EXPLORATION LTD (ODN.V)
1- Last bullish trend was from 0.13 $ (1/5/2012) to 0.30 $ (1/26/2012) a 0.17 $ move 2- The current bearish trend started from 0.30 $ at 1/26/2012 and is currently trading at 0.21 $.
3- ODN.V current support level is at 0.19 which is the 61.80 % fibonacci retracement of the last 0.17 $ move.
4- ODN.V current resistance level is at 0.22 which is the 50.00 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
ODIN MINING AND EXPLORATION LTD (ODN.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.130 .
ODIN MINING AND EXPLORATION LTD (ODN.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.130 .
ODIN MINING AND EXPLORATION LTD (ODN.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.130 .

Stock Trading Conclusion:
ODIN MINING AND EXPLORATION LTD (ODN.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.215, 0.231, 0.235, 0.244, 0.255, 0.260, 0.266, 0.300,.
Stock Support levels : 0.195, 0.130, 0.084,.