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OSH – Oil Search Ltd

These extracts from my trading diary are for educational purposes only and should not be interpreted as investment or trading advice: Terms of use

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Code:	Company Name:	Sector:	Size:	Confirmed Trend:
  OSH	  Oil Search Ltd	  Energy	  ASX Top 100	                 Â

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Commentary:

Oil Search has closed twice below the up trend line on a weekly chart, confirming a down trend according to Trend Line Theory.

The down trend would be considered wrong if the market was to close above $6.30: above the previous peak.

Click the chart below to enlarge:

Previous Trend Changes:

Nil

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January 23, 2010  Tags: Research  Posted in: Research On Australian Stock Trends

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