Title
by Americanbulls.com LLC
Last Update
21.01.2022
OBOSP
OBOSX OIL SERVICE PR
Last Signal: SELL
Last Pattern: BEARISH ONE BLACK CROW
Last Close:
81.8900
Change:
-4.4400
Percent change
-5.14%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ONE BLACK CROW pattern finally received a confirmation because the values crossed below the confirmation level which was at 84.5500, and our valid average selling value stands now at 83.9700. The previous BUY signal was issued on 21.12.2021, 31 days ago, when the index value was 74.6300. Since then OBOSP has risen by +12.52%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern appears in an uptrend and consists of a white candlestick and a black candlestick in which the black candlestick opens below the preceding day’s close and closes below its open. The pattern looks similar to the Bearish Harami pattern. The only difference is that the second day closes lower, which stops the engulfing of the black body by the preceding white body. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
21.01.202283.9700SELL 139.41
21.12.202174.6300BUY 124.09
25.11.202181.3700SHORT 114.94
23.11.202181.4700BUY 115.43
09.11.202191.6800SELL 115.60
02.11.202190.9300BUY 114.83
26.10.202192.7150SELL 115.00
08.10.202188.4200BUY 109.84
06.10.202189.1900SELL 110.01
22.09.202174.9000BUY 92.52
17.09.202174.4000SHORT 93.43
14.09.202176.0100BUY 95.74
06.09.202179.2900SELL 95.88
25.08.202180.3800BUY 97.34
19.08.202178.6700SHORT 99.80
12.08.202180.8050BUY 102.82
28.07.202188.9650SELL 102.97
21.07.202186.1400BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
21.01.202283.9700SELL 140.40
21.12.202174.6300BUY 124.97
25.11.202181.3700SHORT 115.76
23.11.202181.4700BUY 116.25
09.11.202191.6800SELL 116.42
02.11.202190.9300BUY 115.64
26.10.202192.7150SELL 115.81
08.10.202188.4200BUY 110.61
06.10.202189.1900SELL 110.78
22.09.202174.9000BUY 93.17
17.09.202174.4000SHORT 94.08
14.09.202176.0100BUY 96.40
06.09.202179.2900SELL 96.54
25.08.202180.3800BUY 98.01
19.08.202178.6700SHORT 100.49
12.08.202180.8050BUY 103.53
28.07.202188.9650SELL 103.69
21.07.202186.1400BUY 100.55
08.07.202191.8000SHORT 95.00
02.07.202194.8900BUY 98.49
28.06.202195.4500SELL 98.64
22.06.202196.2500BUY 99.62
07.06.202199.4000SELL 99.77
03.06.202197.8100BUY 98.32
31.05.202192.8250SHORT 104.21
27.05.202193.2600BUY 105.01
20.05.202192.3700SHORT 106.35
18.05.202195.5900BUY 110.39
12.05.202198.2000SELL 110.56
28.04.202197.2800BUY 109.69
08.04.2021101.2000SHORT 105.92
24.03.2021102.0250BUY 107.10
09.03.2021112.7950SELL 107.26
05.03.2021106.9000BUY 101.81
26.02.2021103.8000SELL 101.96
22.02.2021101.4950BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
21.01.202283.9700SELL 140.40
21.12.202174.6300BUY 124.97
25.11.202181.3700SHORT 115.76
23.11.202181.4700BUY 116.25
09.11.202191.6800SELL 116.42
02.11.202190.9300BUY 115.64
26.10.202192.7150SELL 115.81
08.10.202188.4200BUY 110.61
06.10.202189.1900SELL 110.78
22.09.202174.9000BUY 93.17
17.09.202174.4000SHORT 94.08
14.09.202176.0100BUY 96.40
06.09.202179.2900SELL 96.54
25.08.202180.3800BUY 98.01
19.08.202178.6700SHORT 100.49
12.08.202180.8050BUY 103.53
28.07.202188.9650SELL 103.69
21.07.202186.1400BUY 100.55
08.07.202191.8000SHORT 95.00
02.07.202194.8900BUY 98.49
28.06.202195.4500SELL 98.64
22.06.202196.2500BUY 99.62
07.06.202199.4000SELL 99.77
03.06.202197.8100BUY 98.32
31.05.202192.8250SHORT 104.21
27.05.202193.2600BUY 105.01
20.05.202192.3700SHORT 106.35
18.05.202195.5900BUY 110.39
12.05.202198.2000SELL 110.56
28.04.202197.2800BUY 109.69
08.04.2021101.2000SHORT 105.92
24.03.2021102.0250BUY 107.10
09.03.2021112.7950SELL 107.26
05.03.2021106.9000BUY 101.81
26.02.2021103.8000SELL 101.96
22.02.2021101.4950BUY 99.85
† Trade commissions are taken as 0.15%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Norskbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Norskbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Norskbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Norskbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.