Stock Technical indicators to notice in ORO GOLD RESOURCES LTD. (Tier2) (OGR.V)
1- Last bearish trend was from 0.08 $ (4/26/2012) to 0.07 $ (5/1/2012) a 0.01 $ move 2- The current bullish trend started from 0.07 $ at 5/1/2012 and is currently trading at 0.08 $.
4- OGR.V current resistance level is at 0.08 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ORO GOLD RESOURCES LTD. (Tier2) (OGR.V) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.
ORO GOLD RESOURCES LTD. (Tier2) (OGR.V) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.
ORO GOLD RESOURCES LTD. (Tier2) (OGR.V) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.
Stock Trading Conclusion:
ORO GOLD RESOURCES LTD. (Tier2) (OGR.V) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.083, 0.086.
Stock Support levels : 0.078, 0.076, 0.075, 0.074, 0.072, 0.070,.
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