Round_Table_Trade_Team_LLC

OSG - BREAK OVER CANDLESTICK RESISTANCE TRADE IDEA

Long
NYSE:OSG   Overseas Shipholding Group, Inc
OSG - CONQUERED MAJOR RESISTANCE AT 3.05 SEVERAL DAYS BACK.
SWEET BULLISH RUN TO THE $4 MARK, WHICH IS ITS NEXT
RESISTANCE POINT. ENDING ON A BULLISH HAMMER , IF IT CAN BREAK
THE $4 MARK, WE COULD SEE NEXT RESISTANCE AT 4.64. THIS IS
A MORE RISKY PLAY B/C WE ARE SEVERELY OVERBOUGHT, BUT
THE MACD STILL LOOKS GOOD. WE MAY SEE A PULLBACK
BEFORE A FURTHER ADVANCE. THIS ONE MAY NOT BE WORTH THE
RISK TO REWARD.

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