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$OSN Ossen Innovation A Compelling Rare Earths Play
OOSN has popped up on our radar. The stock is trading above its 20, 50 and 200 day moving averages, which are $2.11, $2.03 and $1.87 respectively.
OOSN has traded around the $2 level for most of 2019 and is now starting to perk its head up. Its 52 week high is $3.05 and we expect that level to be taken out in the near future.
OOSN is a China rare earth's play and stands to benefit the longer the US/Chine trade war goes on. Rare Earths heated up a bit recently.....longer the trade dispute goes on these plays are on peoples radars.
About Ossen
Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company's products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen Innovation has two manufacturing facilities located in Ma'anshan, Anhui Province, and Jiujiang, Jiangxi Province, respectively.
As always, use protective stops and trade with caution.
Good luck to all!
OOSN has traded around the $2 level for most of 2019 and is now starting to perk its head up. Its 52 week high is $3.05 and we expect that level to be taken out in the near future.
OOSN is a China rare earth's play and stands to benefit the longer the US/Chine trade war goes on. Rare Earths heated up a bit recently.....longer the trade dispute goes on these plays are on peoples radars.
About Ossen
Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company's products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen Innovation has two manufacturing facilities located in Ma'anshan, Anhui Province, and Jiujiang, Jiangxi Province, respectively.
As always, use protective stops and trade with caution.
Good luck to all!
交易進行
OOSN up 30% so far. Still think this China rare earths play still has a lot more room to run.Good luck to all!
交易結束：目標達成
OOSN hit $7.Congrats to all who participated!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。