OKE Bye Setup By waveanalysisHI guys Start looking for buy after pullback it would be nice long trade to the target area 61 to 64 Keep aye on it !
OKE trade ideas
OKENice uptrend turned into sideways choppy trend but still setting higher lows. Going to watch for opportunity to trade a pullback
Falling out of uptrend and Bear divergenceOKE price is falling out of the uptrend it has been in since March. Added to that a bearish divergence indicates a down trend could be beginning. I will wait or price to drop below blue resistance with heavy volume before entering trade.
Close the window when you leave!It looks overbought to me and the window may be closed in a correction now.
Convergence to Supply - #ProfitingMeOKE broke the bearish trend line and started a long consolidation where the price tested the relevant supply level.
The Block Order could push down the price for a few months reaching a high demand level, marking a higher low before to rise more, completing the rotation to bullish.
Thank you
Girolamo Aloe
Has OKE hit bottom? Has OKE hit bottom? Will it finally break out of the $19-$26 range it has been trading in since December? Stock RSI says back down. OKE heavily trades with oil. I think a mini correction is coming in the oil markets, and I think that OKE will revert back to its range. Of course set your stop loss tight, b/c if this goes the other way it could be one heck of a rally.
