OKE broke the bearish trend line and started a long consolidation where the price tested the relevant supply level. The Block Order could push down the price for a few months reaching a high demand level, marking a higher low before to rise more, completing the rotation to bullish. Thank you Girolamo Aloe
Has OKE hit bottom? Will it finally break out of the $19-$26 range it has been trading in since December? Stock RSI says back down. OKE heavily trades with oil. I think a mini correction is coming in the oil markets, and I think that OKE will revert back to its range. Of course set your stop loss tight, b/c if this goes the other way it could be one heck of a rally.