Headed For a Pullback? Share Update on Norbord Inc. (OSB.TO)



  • Summary:

     

    Norbord Inc. (OSB.TO) shares are being placed on chartists radar as the recent share price of 35.47 is pushed below the balance step moving average.

    The balance step is a simple Moving Average calculated from last 5 Balance Points (MA/3),5) of the weekly period bar plotted in step formation on the daily chart. This chart is used to project 1 bar forward (one day). The weekly steps can be used to determine a near-term trend. When the price is above, this typically indicates a bullish trend. When the price is below the Balance Step, this generally spells a bearish trend.

    There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it ...

     

     

    Read Full News: https://altaadvocate.com/headed-for-a-pullback-share-update-on-norbord-inc-osb-to/


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