Thursday, April 25, 2013

STX OSV (technical)

STX OSV: technical chart doesn't look good , with share price continuing its decline to new 52 wk lows. See first support at $1.10, though firmer support lies at $1.00. The indicators are in oversold territory but show no signs of reversal yet. For now, we would wait for share price to claw back above the $1.20 resistance before turning more positive.

No comments:

Post a Comment