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AcornWealthCorp
Jan 12, 2017 11:24 AM

OSG - Technically good long from current label to $5.67 Long

Overseas Shipholding Group, Inc.NYSE

Description

Technically OSG looks good long from current price. Moneyflow just crossed to the positive side, and it is going up holding above EMA lines.

Trade Criteria
Entry Target Criteria- Break of current label
Exit Target Criteria- $5.67
Stop Loss Criteria- $4.23

You can check detailed analysis on OSG in the trading room/ Executive summary link here-
youtube.com/watch?v=l4PrF1PxHQE
Time Span- 2:50"
Trade Status: Pending
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Trade closed: target reached

January 20th- Hit first target today with 14.5% profit! Very good trade! Consider closing half of the position
January 19th- Nice 3.25% gain today. We would consider adjust First target to $5.37. Second target $7.43
January 18th- continues to hold its MA resistance well and we would consider raising our stop loss criteria to $4.53

January 17th- Went up 2.07% & closed at the top of the range, looking very good as long.
January 13th- Spiked upward & made a higher high. Looking good as long.
January 12th- Hit entry price in the morning & went up further. Looking very good as long.

Trade closed: stop reached

January 31st- Traded down & hit updated stoploss, Still we had a small profit.
January 30th- broke down today but held above our stop loss criteria Updating our stop loss criteria to $4.73
January 26th- Looking strong today.
January 25th- Showing continues strength, going up holding above EMA lines. Liking very much as long.
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