Oil states international, Inc. (OIS)

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Oil states international, Inc. (OIS)Oil States International, Inc.BATS:OISGehad_AbouelelaOIS is trading in a major uptrend, and the recent decline from 14.50 appears to be a medium-term correction, as the stock rebounded after testing 61.80% Fibonacci retracement The stock is currently testing the 9.00 short-term resistance level, and a breakout above this level would confirm the end of the correction, targeting 10.00 – 10.90, then 11.75 in the short term A breakout above 11.75 would support further rises near 13.00 – 14.50, where the major peak lies. A decisive breakout above 14.50 would confirm the continuation of the major uptrend in the medium and long-term, targeting 16.40 , 17.50 then 19.00 Disclaimer: This analysis is for informational purposes only and does not constitute financial, investment, or commercial advice or recommendations.