On Wednesday, STX OSV trend downwards and closed at $1.34 with regular volume of 10.4 million shares traded.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of STX OSV: $1.395
Immediate Support of STX OSV: $1.28
Currently prices are resisted by 20 days MA.
On 8/Jan, STX undergo heavy trading volume as the bulls attempt to push the prices high but closed with a candle stick similar to a Doji. This signal that the bulls and bears are equally match
The support at $1.28 is expected to be very strong.
The selling pressure has clearly ended and do consider to buy at $1.30 support if interested as $1.28 support should be able to hold well.
Stock Chart: STX OSV! is contributed by : Singapore Stock Information Exchange