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This post was just published on ZYX Buy Change Alert.
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. … Please click here or the title below to read more.