re: osh fibbenacci ... brigadier
Hmmm... unable to see your price target of 112c ???
As the chart shows, OSH is currently in a downtrend with no evidence of any upside reversal.
RSI triggered late July but rally didn't confirm until 080802 following nice convergence and price b/out.
The 240102 high at $1.50 was the start point of our Fibonacci study and as we observe the 23.8% ($0.87) level from the $0.67 low, we note this has been tested and failed several times.
Resistence at $0.84 occured in June/July and was a feature in the last two weeks as this stock struggles to overcome the long term downtrend to next support at previous $0.67.
RSI reversal triggered (020902) and confirmed by negative retracement from 23.8% Fib.
IMHO it would take some positive ann to the market before any suggestion of a positive retracement.
The chart looks like this...
Cheers ...
This is only my view ... read the red stuff.
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held