On Tuesday, STX OSV re-test the resistance at $1.05 and closed at $1.005 with HIGH volume of 24.16 million shares traded.
A black candle sticks with little upper shadow affirms that investors have no hesitant in the profit taking.
Both RSI & MACD are bullish as MACD lines perform a “golden cross” recently.
Important Resistance of STX OSV: $1.05
Immediate Support of STX OSV: $0.995
Currently prices are resisted by 20 days MA at $1.05.
For the past 4 trading sessions, prices have been rising upwards with strong buying volume and re-test the critical resistance at $1.05 today.
The resistance at $1.05 is expected to be very strong.
We would like to warn that the $1.05 resistance will not break easily and do not suggest to buy now. In fact, any profit taking or shorting by bears will be well expected ...
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