OSH - Hitting the 30 week moving average
Tuesday, May 23rd, 2006Yesterday Oil Search Ltd (OSH) dropped down very close to its 30 week exponential moving average (seen below in aqua). Looking at the chart over the past 2 years, OSH consistently bounces off this 30WMA. If it were to break below this line, it would be a strong sell signal.
If the market were strong, this […]
