Technical Analysis

Longer Term Trading Plans for OSIS

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short OSIS slightly under 230.22, target n/a, stop loss @ 230.88 Details

The technical summary data is suggesting a short of OSIS as it gets near 230.22, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 230.88. 230.22 is the first level of resistance above 220.7, and by rule, any test of resistance is a short signal. In this case, if resistance 230.22 is being tested, so a short signal would exist.

Swing Trading Plans for OSIS

• Buy OSIS slightly over 230.22, target 232.41, Stop Loss @ 229.56 Details

If 230.22 begins to break higher, the technical summary data tells us to buy OSIS just over 230.22, with an upside target of 232.41. The data also tells us to set a stop loss @ 229.56 in case the stock turns against the trade. 230.22 is the first level of resistance above 220.7, and by rule, any break above resistance is a buy signal. In this case, 230.22, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short OSIS slightly near 230.22, target 217.95, Stop Loss @ 230.88. Details

The technical summary data is suggesting a short of OSIS if it tests 230.22 with a downside target of 217.95. We should have a stop loss in place at 230.88 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 230.22, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for OSIS

• Buy OSIS slightly over 228.47, target 230.22, Stop Loss @ 227.94 Details

If 228.47 begins to break higher, the technical summary data tells us to buy OSIS just over 228.47, with an upside target of 230.22. The data also tells us to set a stop loss @ 227.94 in case the stock turns against the trade. 228.47 is the first level of resistance above 220.7, and by rule, any break above resistance is a buy signal. In this case, 228.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short OSIS slightly near 228.47, target 219.68, Stop Loss @ 229. Details

The technical summary data is suggesting a short of OSIS if it tests 228.47 with a downside target of 219.68. We should have a stop loss in place at 229 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 228.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

OSIS Technical Summary | Raw Data for the Trading Plans