On Tuesday, STX OSV re-tests the resistance at $1.59 and closed at $1.565 with LOW volume of 6.35 million shares traded.
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 16 white candles and 26 black candles for a net of 10 black candles.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of STX OSV: $1.59
Immediate Support of STX OSV: $1.485
Currently prices are resisted by 20/100 days MA at $1.59
For the past 2 trading sessions, prices have been re-testing the resistance at $1.59 but failed to break out.
The resistance at $1.59 is expected to be strong.
Prices seem to be having issues in sustain above the $1.59 resistance due to profit ...
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