trademan1

OII bouncing up reverting to the mean

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NYSE:OII   Oceaneering International, Inc.
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The selloff is over it looks like it might be reverting to the mean (going back to one of the averages). When the ma8 gets this far from ma20 the price seems to move back...Price is seperating from the lower bollinger band and a good risk to reward trade could be considered here.
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