Long
Strong Day for OSH. Might need 1 more week of consolidation.
In a sea of Red, there were only a few stocks that were green. Oil is moving quite abruptly and id prefer to see some more consolidation in the price. However, if it closes above $64.10 tomorrow morning, then it will have its highest close in a year.. which is bullish.
OSH has a consolidation trendline but has massive support at $4.20. Id prefer to see it stay in the high $4.30-$4.50 mark for next week, then push above the trendline on volume. Once trendline is broken i feel like a swift move to $5 will be on the cards.
I have a small entry at $4.21 from yesterday, and will add substantially on the break from trendline.
Stop loss at $4.19
OSH has a consolidation trendline but has massive support at $4.20. Id prefer to see it stay in the high $4.30-$4.50 mark for next week, then push above the trendline on volume. Once trendline is broken i feel like a swift move to $5 will be on the cards.
I have a small entry at $4.21 from yesterday, and will add substantially on the break from trendline.
Stop loss at $4.19
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.