InvestorsHub Logo
icon url

ospreyeye

04/18/15 1:54 PM

#1818 RE: crudeoil24 #1817

$ROSG chart - 50 DMA / 200 DMA $Golden $Cross - candles forming above both levels - nice $Volume - Fast Sto in Bull Zone - RSI hitting the 70 overbought/power zone - MACD Line looks very bullish - MACD Histogram building -

4.00 is a major resistance zone & is the $Key level to turn into support - checkout the Feb. action @ that level - $ROSG broke 4.00 resistance w/ a close above on Feb. 17th, but was unable to turn that level into support - the share price responded by consolidating - the 100 DMA @ 2.96 support level held & a rally followed -

The $KEY now is to turn the 50 & 200 DMA's into support along w/ the 4.00 zone - when candles form ABOVE 4.00 it will be Bullish -