VanEck Oil Services ETF
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OIL Services - Bullish divergence at value

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Here is the weekly chart tradingview.com/x/oA07dYnC/. As you can see price stands at value, the wave does a great job.

Going to the daily chart, we have a class A bullish divergence, and a bullish candle.

The price stands at a very important resistance area on the weekly chart, and it is very important how OIH will act at 55.20$. If there we will see strong rejection, I will close most of the position. If it does go over 55.20, expect it to go at least till 58$, at least!!

Long at 52.22, stop at 51.70$

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.