I'm shorting because the POO of oil looks weak but more so because OSH has run up in price heaps over the past five years and i think its more likely to go down than go to new highs.
That's it.
The only fundy knowledge i have of OSH is that it has assets in PNG??? I don't even know if it's producing (hang on they pay a dividend so probably yeah) but i don't care.
It is putting up a bit of resistance though.
It's not falling as easily as i thought it would.
But I'm still short
OSH Price at posting:
$6.65 Sentiment: Sell Disclosure: Not Held
