oasispetroleumlong

Big_Mike716

Looks eerily similar to WLL, just bulls have been trying to send the price up, which I noted on the chart under the RSI comment. I think WTI is heading back to $20 Fam, maybe not in a straight line but I think the WTI price is showing weakness and all the shale Companies are showing signs of that weakness

Big_Mike716

#OAS update proceed with extreme caution, could be a small bounce off the TL if u buy use a tight SL set right below that BTL.

Big_Mike716

I think bottoms is being put in as we speak. I attached my WTI analysis for review so everyone can see my thoughts. Good Luck

whitejade

OAS has moved into a Descending triangle/ wedge. Starting to average in right now between $1.10 and 1.20 w/ a target of $2 short term. The uptrend has already started from $1 support. Breakout is above upper resistance roughly $1.20. Strong trade w/ great gains. Like, comment, share. CHEERS!

MateuszZakrzewski Updated 

If it exits the triangle next monday, it will be quite good position for playing long here.