Last trading week showed movements from a high of 254.22 to a low of 231.44 and Friday ended with a fall of 0.5% to 237.52. So how do the next week look like for OSEBX and what support and resistance levels should we look out for? Friday ended at the 237 resistance level. As we can see from the price chart this level has played a significant role whole of last week. If this level is broken tomorrow 231.58 is the next natural support level with 226.2 below that. On the upside 243.54 is significant. This level was also important last week. If there is a breakout from this level 254 could be reached soon. RSI is relatively positive but we see falling tops which is negative.
Happy trading.
SB
