moon333

OAS hits the support of channel a good long opportunity

Long
NYSE:OAS   None
Priceline of OASIS PETROLEUM INC Stocks is moving withing a down channel and after 13 May it is hitting at support.
The RSI went in oversold zone.
Stochastic has given bull cross.
Volume profile is showing weak interest of traders here.
I have defined sell targets using Fibonacci sequence as below:

Sell between: 3. 40 to 4. 40

Regards,
Atif Akbar (moon333)

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