The Oslo FoB Index closed this week’s trading at 119.90 NOK, down .05 NOK from last Friday’s close. The solid green support trend line was breached this week.
Category Archives: Technical Analysis
The Oslo FoB Index rallied a modest 0.89% in this week of trading. The Oslo FoB Index is continuing its pattern of making higher highs and higher lows.
The Oslo FoB Index rallied 8.43% in the last week of trading to close at 118.69 NOK. The Oslo FoB Index spent most of the week continuing to digest some of its recent gains.
The Oslo FoB Index continues to make higher highs and higher lows. The Oslo FoB Index is testing the green diagonal trendline that has offered support since the beginning of the year.
The Oslo FoB Index spent most of the week digesting its gains from earlier in the month to close at 109 NOK. This is an increase of 3.26% from last Friday’s close.
The Olso FoB Index rallied 10.86% during this week of trading to close at 105.99 NOK. The Oslo FoB Index closed just above a price moving average and the 104.23 NOK resistance zone on Friday.
The Oslo FoB Index has experienced a volatile couple of weeks of trading. Since last Friday, the Oslo FoB Index declined 20.55%.
The Oslo FoB Index spent this week digesting its gains from the prior two weeks with a modest .15% increase in price.
The Oslo FoB Index rallied another 16% this week. This is the second week in a row of impressive gains. During the last two weeks of trading the Oslo FoB Index has rallied 37.27%.
The Oslo FoB Index rallied 5.2% in this week of trading.