MarketVectors Oil Services ETF Stalls with Three Inside Days

OIH surged to a new high with a long white candlestick last week, but suddenly stalled as the next three candlesticks formed inside this long candlestick.  This is basically an extended harami pattern, which is potentially bearish. Also notice that OIH is up over 20% since mid November and a retracement (correction) could be in order.

130220oih


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