Wednesday, September 14, 2011

Kodiak Oil & Gas shares prices forecast sept 15 2011

Kodiak Oil & Gas shares prices forecast sept 15 2011 : Shares of Kodiak Oil & Gas closed above the 50-day moving average of $6.01 as of Wednesday. This development is a sign of bullishness as long as prices remain above the moving average. Shares of KOG settled the day up $0.07 to $6.08 on lighter than usual volume. The daily stock range was between $5.81 and $6.20.

The development of support level is triggered by underlying changes above or below investor's expectations. This development is a valuable data point that is one of the most noticeable and reoccurring events on the chart. Based on the pivot points, the current support and resistance levels for KOG are within $5.64 and $6.42.
The average analyst rating for the stock is buy. Recent performance indicators show that the stock has gained 5.37% within the last month. The chart below shows the stock's historical performance versus its 50-day moving average.For the latest updates on the stock market, visit Stock Market Today
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