OI has formed a nice H&S. Indicators support it and so does the trend. I would really encourage you to scroll up the timeframe charts. This stock looks like it could get locked into a bearish downturn for a very long time with some fun gyrations. Overall score is a 10, so this will go to the top of the options shopping list.
Weekly
there is a large H&S with two out of three indicators supporting (MACD & Stoch RSI)
Monthly
the H&S can be seen on the monthly chart and so to can a large declining triangle. indicators are supportive.
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 1
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 1
Total score 10
Weekly
there is a large H&S with two out of three indicators supporting (MACD & Stoch RSI)
Monthly
the H&S can be seen on the monthly chart and so to can a large declining triangle. indicators are supportive.
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 1
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 1
Total score 10