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Monday, July 16, 2012

Buy Kodiak Oil & Gas (KOG) Stock?

By Tim - http://stockstobuy.org - @stockstobuy -

Kodiak Oil & Gas (KOG) Stock Chart - The following is technical analysis on Kodiak Oil & Gas (KOG) - July 16, 2012

Kodiak Oil & Gas (KOG) Support & Resistance Levels - 7/16/12

Resistance Levels: $8.94

Support Levels: $8.20's

Chart - http://www.stockcharts.com

Kodiak Oil & Gas (KOG) stock is trading back above all three major moving averages. The KOG technicals are now looking very bullish and I believe all pullbacks from here will be met with heavy buying. KOG will now have support down at $8.20. Kodiak Oil & Gas (KOG) is a strong buy below $9 for the rest of 2012. Enjoy this sell off while it lasts because KOG is experiencing hyper growth right now. Discuss KOG




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