Trend Analysis - Weekly Interval - OFS

Hello Successful Traders,

The stock (OFS) has presented an overall downward ( bearish ) direction. In-relation to recent months, however, investor sentiment has been consumed towards a more positive ( bullish ) direction. Considering the prevalent infiltration at Resistance Level 1, PA represents a potential opportunity to either push further north (or reversal). An earnings release will be reported tomorrow morning (May 3rd 2019), indicating potential of market fluctuation.

Resistance Level 2 - (14.50 - 15.75) 1.25 cent interval

Resistance Level 1 - (12.00 - 13.25) 1.25 cent interval

Key Price Zone (KPZ) - (11.00 - 12.25) 1.25 cent interval

Support Level 1 - (9.00 - 10.50) 1.50 cent interval

Furthermore, acknowledge numerous market makers as price may witness sporadic levels of volatility .

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***



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