OAL trade ideas
OALit is taking support on trendline as well on 20DMA. Stock which is on good uptrend taking hault at 20DMA can give good returns. It can be bought near current level with SL of 509
Three week inside bar#OAL is near second buy point after first breakout near 367. It can be bought above 476. With sl of 447
Supply has stopped coming and small buying force will also lift the stock up very fast
One Right Trade's Swing Trade Idea #150 : Long on OAL This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
bought @327.50bought 327.50 172% upsurge in 2 months, a shallow pullback of 20%. volume drying up during the pullback, constructive.
