OSG - BREAK OVER CANDLESTICK RESISTANCE TRADE IDEA
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OSG - CONQUERED MAJOR RESISTANCE AT 3.05 SEVERAL DAYS BACK. SWEET BULLISH RUN TO THE $4 MARK, WHICH IS ITS NEXT RESISTANCE POINT. ENDING ON A BULLISH HAMMER, IF IT CAN BREAK THE $4 MARK, WE COULD SEE NEXT RESISTANCE AT 4.64. THIS IS A MORE RISKY PLAY B/C WE ARE SEVERELY OVERBOUGHT, BUT THE MACD STILL LOOKS GOOD. WE MAY SEE A PULLBACK BEFORE A FURTHER ADVANCE. THIS ONE MAY NOT BE WORTH THE RISK TO REWARD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.