OST onesteel limited
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One Steel Breakout.One steel broke out today.may be worth a buy...

  1. LES01
    111 Posts.
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    15/07/09
    23:52
    Post #: 5394580
    One Steel Breakout.
    One steel broke out today.
    may be worth a buy at any pullback tomorrow
    Reasoning:
    -MACD crossover
    -MACD approaching zero line
    -RSI midchannel
    -ADX about to crossover
    -Volume increasing
    -Price at upper bollinger band. May suggest ladder climb formation
    -Parabolic SAR support
    -Catalyst is US reporting season and China GDP release
    -Stoploss at $2.52
    -Target may need to be ammended depending on price move.

    as usual, DYOR
    Please feel free to comment etc etc
    Onesteel Buy Plan
    OST Price at posting: $2.66 Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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