DANR - DANA RESOURCES (OTC BB: DANR.OB) (OTC:DANR) Stock Research - OTC Over the bulletin board otcbb
Posted in August 6th, 2010
Today we will analyze the stock DANA RESOURCES (DANR.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in DANA RESOURCES (DANR.OB)
1- Last bullish trend was from 0.02 $ (3/25/2010) to 0.03 $ (3/29/2010) a 0.01 $ move 2- The current bearish trend started from 0.03 $ at 3/29/2010 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
DANA RESOURCES (DANR.OB) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.080 that was broken up at 0.020 transforming into a supporting line.
DANA RESOURCES (DANR.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.080 that was broken up at 0.020 transforming into a supporting line.
DANA RESOURCES (DANR.OB) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.080 that was broken up at 0.020 transforming into a supporting line.
Stock Trading Conclusion:
DANA RESOURCES (DANR.OB) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.015, 0.018, 0.020, 0.022, 0.030.
Stock Support levels : -0.113,.
www.thestocksprofit.com/obb/danr-ob-dana-resources/