Kodiak Energy, Inc. (KDKN)

[Mr B]

Charts IMO...
Well the chart has looked better, but it does appear to be leveling off if by no other indication than the ADX and accumulation being conflicting... I'm looking for the ADX to pinch down (continue down) may have already pinched... we'll see.

10 day moving is at .20 so a day or two and we'll be either breaking above or at least holding if the trend continues.

http://stockcharts.com/h-sc/ui?s=KDKN&p=D&b=5&g=0&id=p21332625969

Additionally:
Bollenger bands are rising, and as you can see by the WM% this has been oversold for a while now in my opinion...

http://stockcharts.com/h-sc/ui?s=KDKN&p=D&b=5&g=0&id=p32607381321

Im shooting for (If the trend holds) anything under .20 could be profitable...

do your own DD but I dont see any reason for this to drop too much lower esp with oil still around the $70s level... up big today alone.

good luck and if you disagree, let me know! knowledge is power... B.