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Wednesday, May 16, 2012

Kodiak Oil & Gas (KOG) Stock Analysis May 16, 2012

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

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

Kodiak Oil & Gas (KOG) Support & Resistance Levels - 5/16/12

Resistance Levels: $9.35

Support Levels: $8.35

Chart - http://www.stockcharts.com

Kodiak Oil & Gas (KOG) stock closed around $8.55 on Tuesday but is still holding up really well despite the overall stock market conditions. KOG is weak right now because the stock is in a downtrend and trading below the 50 day moving average. KOG will probably see a break out when the stock closes back above $9.35. Kodiak Oil & Gas (KOG) is a strong buy below $9 for the rest of 2012. Discuss KOG


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