Oasis Petroleum (OAS) technical preview for March 24, 2015

Massive red candle for OAS shares on Monday gave back all gains from last week. There is technical support at $12.05 (January intraday low) before $10.64 (all-time low). Only a close above $14 would improve the technical picture.

OAS daily chart (5 months):

oas

Chart courtesy of http://www.StockCharts.com

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