OSH 0.00% $4.04 oil search limited

aegis equities research gives oil search strong bu, page-21

  1. 473 Posts.
    Would not worry about couple of insto' selling, trick is to buy when they have stopped selling.
    A good trading strategy for short in and out.

    Simple TA in form of Price / volume analysis should help with this.

    The pattern you should look for is

    Declining price - increasing volume
    Stabilising price - decreasing volume
    Stable (but lower) price - small volume.
    Announcement AMP have reduced holding. (LOL)
    BUY BUY BUY profit then SELL SELL SELL
    And have a stop loss because nothing works all the time.

    I stress only for stocks you know well.

    If you try this with some high flyers ie. MAY or say CSL some time ago your buy order could coincide with 2nd wave of selling.
    Tends to get ugly after that.

    So SL as this is trading not investing strategy.
 
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