On Thursday, STX OSV re-tests the resistance at $1.73 and closed at $1.725 with LOW volume of 3.58 million shares traded.

During the past 10 bars, there have been 4 white candles and 4 black candles.  During the past 50 bars, there have been 17 white candles and 29 black candles for a net of 12 black candles.

Both RSI & MACD are flat as MACD lines converge together.

Important Resistance of STX OSV: $1.73

Immediate Support of STX OSV: $1.625

Currently prices are resisted by 20 days MA.

Since 15/Feb, prices have been trending upwards forming a higher high and higher low. This is a bullish signal.

The resistance at $1.80 is expected to be strong.

We would suggest avoiding buying at the price of $1.80 as prices would have hard time breaking this resistance. $1.60 support would be a ...