On Friday, STX OSV broke the minor support at $0.995 and closed at $0.94 with HIGH volume of 20.6 million shares traded.

Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of STX OSV: $0.995

Immediate Support of STX OSV: $0.85

Currently prices are well below 20/50/100/200 days MA.

Since 16/Sept, STX has been under heavy selling pressure and broke the minor support with heavy volume on Friday.

The next immediate support is $0.85 and it is expected to be strong.

Due to the bearish of the STX, we would not suggest to buy now. Watch for any signs of consolidation at $0.85 before entry.

On Friday, ST Eng re-tested its major ...