OFSS, a relatively illiquid counter and ideal stock to have in someone's cash portfolio has finally given a clean breakout. Erstwhile supports came in well from the 50% Fibonacci Retracement, and the recent breakout is well supported by volumes. Structurally the chart is in an UP trend across all time frames, for which i use the MACD indicator. Momentum to pick up soon for a possible re-test of its life-highs, thats close to 4000.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.