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$OSN Ossen Innovation A Compelling Rare Earths Play

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OOSN has popped up on our radar. The stock is trading above its 20, 50 and 200 day moving averages, which are $2.11, $2.03 and $1.87 respectively.

OOSN has traded around the $2 level for most of 2019 and is now starting to perk its head up. Its 52 week high is $3.05 and we expect that level to be taken out in the near future.

OOSN is a China rare earth's play and stands to benefit the longer the US/Chine trade war goes on. Rare Earths heated up a bit recently.....longer the trade dispute goes on these plays are on peoples radars.

About Ossen

Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company's products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen Innovation has two manufacturing facilities located in Ma'anshan, Anhui Province, and Jiujiang, Jiangxi Province, respectively.

As always, use protective stops and trade with caution.

Good luck to all!
Trade aktif
OOSN up 30% so far. Still think this China rare earths play still has a lot more room to run.

Good luck to all!
Trading ditutup: target tercapai
OOSN hit $7.

Congrats to all who participated!

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