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[NAV]

Closed my OIH May 150 puts for a loss at 4.3 (Had purchased it at 5.3). I am still bearish on OIH. But when you have an index hovering around the breakout level and fails to selloff, as a trader, i need to take the loss and get out. That leaves me completely flat in my account right now. Tommorow is another day !

[hiker]

hi NAV

PnF chart for OIH shows 154 to 157.99 are key area of horizontal resistance -

http://stockcharts.c...allery.html?oih


it does not look likely to go higher until a move above $154.00