Price kicks higher as buyers start to get active

Potential Buy Entry Alert to Watch OSH

Time Frame : Daily/Weekly

Sector : Energy

Key Stats : $12.28 Billion Market Cap, VWAP 8.149, ASX Ranking 34, 4 Week Av Turnover $26,721,546, Current Turnover (Intraday as at time of alert) $4,065,646, PE 25.4, Div Yield 1.85%.

Company Overview : Oil Search Limited (OSH) is engaged in the exploration, development and production of oil and gas in Papua New Guinea (PNG). OSH’s main producing operations are Kutubu, Moran, SE Mananda, Gobe and Hides.

Broker Consensus : BUY

OSH – Oil Search Limited

OSH is having a good day and looks ready for a run higher as energy companies start to shine. We see todays action as an important heads up that buyers are starting to get more active but are still watching for further evidence in a kick up in volume. Watching now for a higher low for the potential entry setup.

Stock Code : OSH – Oil Search Limited

Company Website : www.oilsearch.com

Current Price : 8.195

Status : On watch for potential higher low and move up through 8.50