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Calling all Technical guru's...

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Not applicable
Im looking at OML and it seems very overbought. RSI, Stochastic, ROM all seem in the Shorting territory. Anyone going short?
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2 REPLIES 2
BRE
Regular Contributor
Two questions: 1 - What is the direction of the trend? 2 - What is the entry/exit point? Always trade in the direction of hte trend
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Not applicable
Trend is up, no question about it. Entry @ R13.60 Exit @ R13.00 after a slight pull back before the trend resumes. Stop loss at R13.90 Therefore the Reward outweighs the Risk.
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