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Stock Chart: STX OSV!
By Dou  •  December 13, 2012

On Thursday, STX OSV trend downwards and closed at $1.445 with LOW volume of 4.81 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of STX OSV: $1.465

Immediate Support of STX OSV: $1.395

Currently prices are supported by 20 days MA at $1.395.

On 7/Dec and 10/Dec, prices re-test the critical resistance at $1.465 with high buying pressure but failed to breakout.

The resistance at $1.465 is expected to be very strong.

We do not suggest to buy now on the near overbought market. Moreover the resistance at $1.465 is strong and not likely to be breached easily.

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