On Monday, STX OSV broke the support at $1.41 and closed at $1.40 with LOW volume of 4.86 million shares traded.

An engulfing bearish line occurred (where a black candle’s real body completely contains the previous white candle’s real body).  The engulfing bearish pattern is bearish during an uptrend; it then signifies that the momentum may be shifting from the bulls to the bears.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of STX OSV: $1.41

Immediate Support of STX OSV: $1.33

Currently prices are supported by 20 days MA at $1.33

Today prices have broken the critical resistance turned support at $1.41 with low volume.

However there are still chances that prices can recover back since the selling pressure is relatively low.

Too late to buy now due to overbought market. But do watch for the resistance ...