By Harry Boxer
Oasis Petroleum Inc. had a big day on Wednesday, up 3.25, or 28%, to 14.97, on 34 million shares traded. The stock has been climbing all year since its January bottom at 3.40. It held channel support in its dip in early August before resuming its up move. The long-term chart indicates this could very well make a run to around the 18.00 range and then the mid 20.00s intermediate term.
Check out Harry’s video analysis of this stock on the last page.