This post was just published on ZYX Buy Change Alert.
OAS is an oil producer. This is a short to medium-term trade not an investment. This trade is suitable only for aggressive investors as the risk of loss is high.
Buy zone is $4.50 to $5.10. OAS is trading at $4.67 as of this writing. If oil moves up target zone is $8. to $10. Mental stops on half the position is in the zone of $4. to $4.23. Temporarily no stop on the remaining half. Those who have small accounts and not enough diversification may consider stop for the remaining half of the position $3.43 to $3.63. For tracking purposes, for the time being there will be no stop on half the position.
Consider accumulating up to 40% based on personal risk preference.
Due to high risk involved, the best defense is to lower the quantity to reduce risk.
You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.
Please click here to take advantage of a FREE 30 day trial.
Check out our enviable performance in both bull and bear markets.