gumbtg

Oil Services continue to be weak - Bearish pattern on weekly

Kort
AMEX:OIH   VanEck Oil Services ETF
22/Sep/2022 06:59 AM AUTHOR: Brandon Gum
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Possible for an easy move to $204 and then $175

Only thing I am uncertain about is that price is currently at long term value. However, it did reject 2002 lows and is already down 30%.

As long as price is below value at $225 I think there is risk to the downside

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