CosmicDust

OIH daily - pullback likely - 10/10/2015

AMEX:OIH   VANECK VECTORS OIL SERVICES ETF
OIH
11 0 2
oih
Very powerful rally last week. Is the bottom in? We do not know. Since the upper red resistance is hit, a pullback (shallow or deep) is very likely.

If the pullback is shallow (bounce up from the blue support lines), followed by a breakout, the bottom is probably in place. If the pullback is deeper, like goes below all the blue lines, it then is still trapped.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out