Stock Technical indicators to notice in ODESIA GROUP INC. (Tier1) (ODS.V)
1- Last bearish trend was from 0.34 $ (4/24/2012) to 0.21 $ (5/1/2012) a 0.13 $ move 2- The current bullish trend started from 0.21 $ at 5/1/2012 and is currently trading at 0.22 $.
4- ODS.V current resistance level is at 0.24 which is the 23.60 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ODESIA GROUP INC. (Tier1) (ODS.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.340 .
ODESIA GROUP INC. (Tier1) (ODS.V) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 0.340 .
8- The Stock formed a 0.130 $ height triangle which was broken down at 0.330, target of the pattern is 0.200.
ODESIA GROUP INC. (Tier1) (ODS.V) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 0.210 and 0.200 that was broken down at 0.210 transforming into a resistance line.
Stock Trading Conclusion:
ODESIA GROUP INC. (Tier1) (ODS.V) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.225, 0.240, 0.241, 0.260, 0.275, 0.290, 0.340, 0.375, 0.393, 0.420.
Stock Support levels : 0.218, 0.216, 0.215, 0.214, 0.210,.
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