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XAU OIH Hold Their Ground

by Online Stock Trading on April 23, 2007

XAU and OIH held up today after finding support at the 20 dma late last week. Looking for sideways action, and then higher.

xau-042307.jpg

oih-042307.jpg

I bought some SSRI today with a stop loss under the pivot low from Thursday. I haven’t committed to holding much yet, as I want to see how quickly strength comes back.

ssri-042307.jpg.

SWN, COG, and EOG have charts I’m trading in the oil sector.

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