3SOF

Update:

Updating our standby trading plan to the ascending support level and moving this standby trading plan to the Diversified Portfolio:

Standby Trading Plan:
Buy OIS between $54 and $56

Best regards,

Update:

We really enjoy OIS fundamentals and technicals, and OIS is probably breaking into new highs soon, so we'll be changing the trading plan instead of just trying to buy OIS a few bucks below.

Standby Trading Plan:
Buy OIS today near the open.

Best regards,

Update:

OIS jumped again to test the current highs, what was amazing taking in consideration that yesterday was a terrible session for oil related stocks (crude oil futures were down more than 3%). The $62.72 level is the current resistance, while the ascending support level is located at $57. The 50-EMA stands at $54.28 and I'm setting a stop level slightly below this technical reference while I expect the stock to breakout to upside.

The trading plan is:

Trading Plan:
Hold OIS with a stop @ $53.50.

Best regards,

Update:

Another all time record high for OIS, as the stock broke out the previous $62.72 resistance level.
I've made a few adjustments on my trend lines, but the overall technical layout is the same (bullish for all time frames).

Trading Plan:
Hold OIS with a stop @ $53.50.

Best regards,

Update:

Another breakout into new all time highs.

We are raising our stop level e few bucks:

Trading Plan:
Hold OIS with a stop @ $55.50.

Best regards,

Apologies for the late notification. An error in our newsletter Stop Price confused me.

We are Stopped out of OIS @ $55.50. The newsletter carried an incorrect Stop level at $53.50