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Sunday, July 8, 2012

Kodiak Oil & Gas (KOG) Stock Analysis July 9, 2012

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

Kodiak Oil & Gas (KOG) Stock Chart - The following is technical analysis on Kodiak Oil & Gas (KOG) - July 9, 2012

Kodiak Oil & Gas (KOG) Support & Resistance Levels - 7/9/12

Resistance Levels: $8.78

Support Levels: $8.12

Chart - http://www.stockcharts.com

Kodiak Oil & Gas (KOG) stock dropped back to the 50 day moving average on Friday and bounced. The KOG technicals are now looking very bullish and I believe all pullbacks from here will be met with buyers. KOG will now have support down at $7.90. 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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