OSH 0.00% $4.04 oil search limited

OSH buy, page-5

  1. 31 Posts.
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    Daily chart is bringing up some buy signals. For the first time since the covid crash the RSI went in oversold territory on friday when it bounced off that strong resistance at $2.50. Quickly followed by a MACD crossover. This short run has been supported by the volume, indicating there could be more legs in it. There is a bit of resistance around $3.25, if it can break through that level it would be very bullish IMO. I think OSH is a safe stock at these levels, anything below $2.50 I would be looking to sell, but I believe that wont happen. All just my opinion, But I have bought in at $2.85 and would be keen to hear what others are seeing in the charts or in the general sector overall, given that these oil stocks have had a bit of a run over the last week. Maybe we saw the bottom!
    https://hotcopper.com.au/data/attachments/2540/2540628-573ac419e26e044c5d2f7e7b9b14ac77.jpg
 
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