On Wednesday, STX OSV re-test the resistance at $1.24 and closed at $1.225 with HIGH volume of 6.97 million shares traded.
Both RSI & MACD are flat as RSI trend sideway.
Important Resistance of STX OSV: $1.24
Immediate Support of STX OSV: $1.215
Currently prices are resisted by 20 days MA at $1.24.
Since Sept 2012, prices have been trending downwards forming a lower high and lower low. This is a bearish signal.
The support at $1.215 is expected to be very strong.
Do not suggest buying now though the support at the $1.215 may be the last straw. More selling pressure will be trigger once $1.215 support is breached.
Stock Chart: STX OSV! is contributed by : Singapore Stock Information Exchange
