By Tim - http://stockstobuy.orgKOG 2014 Price Target - $20-$30
The following is Kodiak Oil & Gas (KOG) Stock Analysis for February 13, 2012
Kodiak Oil & Gas (KOG) Support & Resistance Levels - 2/13/12
Resistance Levels: $9.08, $9.80
Support Levels: $8.70
Chart - http://www.stockcharts.com
Kodiak Oil & Gas (KOG) is a stock I buy and sell on a weekly and sometimes daily basis. Kodiak Oil & Gas (KOG) is an oil company which drills for oil in the Bakken Shale. I have been trading KOG since the stock was $1.00 back in 2009. Besides Apple (AAPL), KOG is one of my top long term stocks to invest in. As for trading, KOG has resistance up between $9.50-$9.80. When KOG closes back above $10, you will know it is ready for another break out. Until then, I like trading KOG between the range of $8.50-$9.50. If KOG would break down and close below $8, the new range would be $7.50-$8.50 at which I would be a strong buyer of. By 2014, I have a price target on the stock of $20-$30 per share. I plan to buy more in my long term account on Monday.
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