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You Are Here: Home > Articles > Stock Picks > Breakout Expected for Oil Services ETF
Breakout Expected for Oil Services ETF
You Are Here:Home > Articles > Stock Picks > Breakout Expected for Oil Services ETF
Breakout Expected for Oil Services ETF
Mar 25, 2009
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Email My near-term pattern and momentum work argue that the OIH is nearing the completion of its 3-session sideways digestion period in the aftermath of last Fridays recovery rally high. Once the bullish coil is complete, the OIH should thrust to the upside towards a next target of 87.00-87.50. Only a decline that breaks below 82.00 will begin to compromise my current bullish outlook.
You Are Here:Home > Articles > Stock Picks > Breakout Expected for Oil Services ETF
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