Our ALGO engine triggered a sell signal for OSH on November 11th at $7.50.
Since then the share price traded as low as $7.00 last week.
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A combination of the OPEC production agreement last week and the PNG LNG expansion this week has seen the share price rally back over $7.30.
We still prefer the Short side of OSH back below $7.00 on lower longer-term Crude Oil prices.
We suggest short-term investors look to sell OSH CFDs on our SAXO Go trading platform.
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