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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Fri Feb 11, 2005 6:46 pm Post subject: OIH Chart |
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OIH is currently near the top of its parallel upward channel. Also, OIH Feb Max Pain is currently 90. Moreover, RSI is severely overbought (i.e. for an ETF). Consequently, I'd expect OIH to pullback to 90, or at least fall several points, sometime next week.
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