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Crossed Above 50 Day Moving Average appears for OIS after 0.0% move
On Thursday, July 16th, OIS remained flat, accompanied by volume at 0.6× the usual levels. Crossed Above 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 8.38, 8.3 & 8.22, with resistance at 8.54, 8.62 & 8.7. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of OIS: C
Just a sneak peek — check SwingTradeBot.com for the full story on OIS.
Read full article here »