The Oslo FoB Index rallied 1.29% from last Friday’s close to this Friday’s closing price. I refreshed the horizontal support and resistance zones for the Oslo FoB Index.
Category Archives: Technical Analysis
06
May
May
The Oslo FoB Index rallied 2.4% during this week’s trading. The Oslo FoB Index appears to be heading towards the next horizontal resistance zone at 132.44 NOK.
29
Apr
Apr
The Oslo FoB Index rallied 6.03% during this week of trading to end at 126.94 NOK. The Oslo FoB Index used the 119.53 NOK horizontal support zone and the green upsloping trendline for support.
22
Apr
Apr
The Oslo FoB Index fell 8.8% to 119.72 NOK during this week of trading. The Oslo FoB Index didn’t even slow down its decline at my suggested support zone around the 125 NOK area suggested in last week’s update.
15
Apr
Apr
The Oslo FoB Index fell 7.22% during this week of trading. The 142.75 NOK horizontal resistance zone and the pink upward sloping trendline repelled the Oslo FoB Index back down to lower prices.
08
Apr
Apr
The Oslo Fob Index rallied 1.73% from Wednesday April 27 through Friday April 5th. The Oslo FoB Index is testing the pink resistance line that connects the last two years highs and the underside of the 142.75 NOK horizontal resistance zone.
03
Apr
Apr
The Oslo FoB Index rallied 19% during this holiday shortened week of trading. The 138.09 NOK is an all-time high price within the available historical data for the Oslo FoB Index.
25
Mar
Mar
The Oslo FoB Index rallied to finish up 15.29% for this week of trading. The first thing I see when looking at the Oslo FoB Index chart is prices have moved into new recent highs.
18
Mar
Mar
The Oslo FoB Index fell 3.28% during this week’s trading. The Oslo FoB Index broke below the green dotted support trendline and is continuing to use the red trendline as resistance.
11
Mar
Mar
The Oslo FoB Index fell 5.18% during this week of trading. The Oslo FoB Index is holding above the 112.20 NOK horizontal support zone and the price low of 112.81 NOK from February 29th, 2024.
