OI has formed a nice H&S. Indicators support it and so does the trend. I would really encourage you to scroll up the timeframe charts. This stock looks like it could get locked into a bearish downturn for a very long time with some fun gyrations. Overall score is a 10, so this will go to the top of the options shopping list. Weekly there is a large H&S with two...
Owen-Illinois is going to benefit from the strength of the Euro and the Mexican Peso with its international operations. Better price-cost margins enhancing system pricing to aid overall sales in the quarter. Even with the company's higher costs with overall operational expenses, I believe the pros outweigh. I believe the company will benefit from the...
Bullish divergence seen in this hourly chart double bottom in both RSI and OBV. Looks ready to pop higher.
OI is looking like it's bottoming at the long term support. Technicals: - RSI/MACD positive divergence - RSI on Monthly in oversold area - Increasing volume in diamond area T1 May-Jul: 30.40 T2 May-Dec: 33.80
Pivot points cane use like a stop lines.