Title
by Americanbulls.com LLC
Last Update
31.03.2023
OBOSX
OSLO BØRS OBX OIL SERVICE INDEX
Last Signal: STAY LONG
Last Pattern: BEARISH DOJI STAR
Last Close:
66.2200
Change:
+0.0600
Percent change
+0.09%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 28.03.2023, 3 days ago, when the index value was 63.3600. Since then OBOSX has risen by +4.51%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called “Bearish Dragonfly Doji”. In case of an Inverted Umbrella it is called “Bearish Gravestone Doji”. Here, all these patterns are subsumed under the name: “Bearish Doji Star”, regardless of the shape of the Doji. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
28.03.202363.3600BUY 174.68
23.03.202364.4900SHORT 172.19
20.03.202363.7900BUY 170.83
09.03.202375.4200SELL 171.09
27.02.202366.8000BUY 151.76
22.02.202365.2600SELL 151.99
08.02.202363.6100BUY 148.37
02.02.202361.4500SHORT 154.24
06.01.202355.0500BUY 138.59
03.01.202355.1700SELL 138.80
19.12.202251.6000BUY 130.01
07.12.202253.9700SELL 130.21
30.11.202252.6800BUY 127.29
09.11.202255.2550SELL 127.48
19.10.202247.8400BUY 110.54
11.10.202248.6700SELL 110.71
03.10.202243.8300BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
28.03.202363.3600BUY 227.48
23.03.202364.4900SHORT 224.23
20.03.202363.7900BUY 222.46
09.03.202375.4200SELL 222.79
27.02.202366.8000BUY 197.62
22.02.202365.2600SELL 197.92
08.02.202363.6100BUY 193.21
02.02.202361.4500SHORT 200.85
06.01.202355.0500BUY 180.47
03.01.202355.1700SELL 180.74
19.12.202251.6000BUY 169.30
07.12.202253.9700SELL 169.55
30.11.202252.6800BUY 165.75
09.11.202255.2550SELL 166.00
19.10.202247.8400BUY 143.94
11.10.202248.6700SELL 144.16
03.10.202243.8300BUY 130.02
16.09.202246.7600SELL 130.22
08.09.202243.9600BUY 122.61
06.09.202245.4100SELL 122.79
19.08.202245.9400BUY 124.41
10.08.202244.7100SELL 124.60
26.07.202240.9600BUY 114.32
21.07.202239.7900SELL 114.49
18.07.202239.7400BUY 114.52
13.07.202240.5100SHORT 112.72
08.07.202240.5200BUY 113.09
01.07.202240.2500SHORT 114.20
27.06.202240.9500BUY 116.54
13.06.202247.3200SHORT 103.02
16.05.202247.0700BUY 102.78
10.05.202242.8600SELL 102.93
03.05.202241.1100BUY 98.88
25.04.202241.4400SHORT 98.39
08.04.202241.9300BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
28.03.202363.3600BUY 531.79
23.03.202364.4900SHORT 524.20
20.03.202363.7900BUY 520.07
09.03.202375.4200SELL 520.85
27.02.202366.8000BUY 462.01
22.02.202365.2600SELL 462.70
08.02.202363.6100BUY 451.68
02.02.202361.4500SHORT 469.54
06.01.202355.0500BUY 421.90
03.01.202355.1700SELL 422.53
19.12.202251.6000BUY 395.78
07.12.202253.9700SELL 396.37
30.11.202252.6800BUY 387.48
09.11.202255.2550SELL 388.06
19.10.202247.8400BUY 336.49
11.10.202248.6700SELL 337.00
03.10.202243.8300BUY 303.94
16.09.202246.7600SELL 304.40
08.09.202243.9600BUY 286.60
06.09.202245.4100SELL 287.03
19.08.202245.9400BUY 290.82
10.08.202244.7100SELL 291.26
26.07.202240.9600BUY 267.23
21.07.202239.7900SELL 267.63
18.07.202239.7400BUY 267.70
13.07.202240.5100SHORT 263.50
08.07.202240.5200BUY 264.36
01.07.202240.2500SHORT 266.95
27.06.202240.9500BUY 272.41
13.06.202247.3200SHORT 240.81
16.05.202247.0700BUY 240.26
10.05.202242.8600SELL 240.62
03.05.202241.1100BUY 231.14
25.04.202241.4400SHORT 230.00
08.04.202241.9300BUY 233.42
04.04.202242.1000SELL 233.77
17.03.202238.5200BUY 214.21
10.03.202238.4400SELL 214.53
23.02.202231.4800BUY 175.95
28.01.202236.5400SHORT 155.01
26.01.202236.4100BUY 154.92
21.01.202236.6300SELL 155.15
21.12.202132.5200BUY 137.95
25.11.202135.5050SHORT 127.63
23.11.202135.5200BUY 128.07
09.11.202140.0000SHORT 115.52
02.11.202139.6500BUY 114.85
26.10.202140.4550SELL 115.02
08.10.202138.5500BUY 109.77
06.10.202138.9150SELL 109.93
22.09.202132.6300BUY 92.31
17.09.202132.4600SHORT 93.07
14.09.202133.1400BUY 95.31
06.09.202134.5900SELL 95.45
25.08.202135.0500BUY 96.86
19.08.202134.3200SHORT 99.26
12.08.202135.2100BUY 102.14
28.07.202138.6450SELL 102.29
21.07.202137.3700BUY 99.06
08.07.202139.8800SHORT 93.47
02.07.202141.1600BUY 96.76
28.06.202141.4700SELL 96.91
22.06.202141.7800BUY 97.78
08.06.202142.2300SELL 97.93
03.06.202142.4200BUY 98.52
31.05.202140.3300SHORT 104.22
27.05.202140.4500BUY 104.84
20.05.202140.0900SHORT 106.11
18.05.202141.3000BUY 109.64
12.05.202142.5100SELL 109.80
26.04.202140.9700BUY 105.98
08.04.202143.8000SHORT 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.