BATS:OIH   VANECK VECTORS OIL SERVICES ETF
933 27 10
OIH             36.98 last: 41 target, 34.50 stop.
=============================
With a reversal in the price of crude oil             there is finally an identifiable bottom in the price of oil             service stocks. Look for an advance of 10% in the next 6 weeks. 2% declines can be a place to enter positions during the advance.

Note the regression channel trend down has been violated.
Note the support zone from the lowest price range last fall.
Note the Head & Shoulders reversal pattern.

Cheers: Technical Tim, Tues             , July 17, 2012 4:58PM EST
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Agreed.
Reply
Followed.
Reply
Followed.
Reply
Agreed.
Reply
This is close enough to the target to walk away. There was a nice 2% setback during the rally to enter more also for those that missed the initial entry. There is a stock in the group NFX that has lagged this move in OIH so I am doing some work to see about shorting OIH and going long the laggards. Stay tuned! Cheers. Tim 9:46AM EST Monday, July 30, 2012
Reply
Agreed.
Reply
Good trade
Reply
Tim thanks for sharing your ideas, this trade is working out well for me....
Reply
I'm very glad. Thanks for sharing your success.
Reply
Agreed.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out