OIH: SUPER BULLISH REVERSAL, LONG TECH/SHORT ENERGY 10 YR TREND?
DESPITE TECH SECTOR XLK BEING THE STRONGEST AND UNRELENTLESSLY BREAKING NEW HIGHS ON A WEEKLY BASIS, OIH STILL MANAGED TO OUTPERFORM THE KING XLK ON THE WEEKLY CHART!!!
THIS SHOWS INCREDIBLE UNDERLYING STRENGTH IN OIH!
REV H&S BULLISH DIVERGENCE BREAKOUT!
8 & 21 WEEKLY MA BUY SIGNAL!
BULLISH REVALIDATION AND RECOVERY OFF THE 7 MONTHS REV H&S NECKLINE!
BULLISH REVALIDATION AND RECOVERY OFF THE FOUR YEARS TRENDLINE RESISTANCE!
ALGO BUY PROGRAM WOULD BE TRIGGERED SOON ON OIH AS IT OUTPERFORMS PRACTICALLY ALL OTHER ASSET CLASSES SUCH AS SPY, OIL, XLE & ETC!
THIS SHOWS INCREDIBLE UNDERLYING STRENGTH IN OIH!
REV H&S BULLISH DIVERGENCE BREAKOUT!
8 & 21 WEEKLY MA BUY SIGNAL!
BULLISH REVALIDATION AND RECOVERY OFF THE 7 MONTHS REV H&S NECKLINE!
BULLISH REVALIDATION AND RECOVERY OFF THE FOUR YEARS TRENDLINE RESISTANCE!
ALGO BUY PROGRAM WOULD BE TRIGGERED SOON ON OIH AS IT OUTPERFORMS PRACTICALLY ALL OTHER ASSET CLASSES SUCH AS SPY, OIL, XLE & ETC!
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