Today we will analyze the stock ODYSSEY RESOURCES LIMITED (Tier (ODX.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ODYSSEY RESOURCES LIMITED (Tier (ODX.V)
1- Last bullish trend was from 0.16 $ (3/6/2012) to 0.18 $ (3/23/2012) a 0.02 $ move 2- The current bearish trend started from 0.18 $ at 3/23/2012 and is currently trading at 0.14 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
ODYSSEY RESOURCES LIMITED (Tier (ODX.V) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.180 .
5- The Stock formed a 0.030 $ height triangle which was broken down at 0.150, target of the pattern is 0.120.
ODYSSEY RESOURCES LIMITED (Tier (ODX.V) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.180 .
7- The Stock formed a 0.030 $ height triangle which was broken down at 0.150, target of the pattern is 0.120.
ODYSSEY RESOURCES LIMITED (Tier (ODX.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.180 .
9- The Stock formed a 0.030 $ height triangle which was broken down at 0.150, target of the pattern is 0.120.

Stock Trading Conclusion:
ODYSSEY RESOURCES LIMITED (Tier (ODX.V) was trading in a strong 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 : 0.149, 0.155, 0.160, 0.165, 0.166, 0.180,.
Stock Support levels : 0.120,.