Trend Analysis - Weekly Interval - OFS

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Hello Successful Traders,

The stock (OFS) has presented an overall downward (bearish) direction. In-relation to recent months, however, investor sentiment has been consumed towards a more positive (bullish) direction. Considering the prevalent infiltration at Resistance Level 1, PA represents a potential opportunity to either push further north (or reversal). An earnings release will be reported tomorrow morning (May 3rd 2019), indicating potential of market fluctuation.

Resistance Level 2 - (14.50 - 15.75) 1.25 cent interval

Resistance Level 1 - (12.00 - 13.25) 1.25 cent interval

Key Price Zone (KPZ) - (11.00 - 12.25) 1.25 cent interval

Support Level 1 - (9.00 - 10.50) 1.50 cent interval

Furthermore, acknowledge numerous market makers as price may witness sporadic levels of volatility.

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***

-LionGate

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