Trend Analysis - Key Support with Strong Bounce

Chart is self explanatory.

OAL has been trading in a channel for quite some time and is expected to continue the same. Key RSI level of 46 was kept and MACD also shows decreasing divergence with key EMA levels supporting the pullback.

This is only for Educational Purpose and not a trading/financial advice.

Thank You :)
Chart PatternsTechnical IndicatorsOALTrend Analysis

Disclaimer