VanEck Oil Services ETF
Long
Updated

OIH reversing higher from 109-107.2 area

84
3 Fibonacci price relationships in the 109-107.2 area
.618 extension red dot swing low
1.0 extension of blue dot swing low
.618 retracement of move from March low

VWAP from March low has acted as support throughout the move higher
Note
Next level would be 100% extension of the red dot swing = $84-85

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