OAS Trade on Feb 19, 2015 11:34 from ivanka_BOWS: Tradervue User Stock Trades.

ThinkorSwim announces: Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") plans to announce its fourth quarter and year-end 2014 financial and operational results on **Wednesday, February 25, 2015 after the close of trading on the NYSE. 

Setup - 20 DMA Bounce - long

Daily chart - OAS is in an ascending channel, Is that even a term?? At the beginning of February it was having several days run up, then a 3-day pull back to 20 DMA, a nice bounce, pull back again, and second bounce off of 20 DMA happened today. You can actually see a nice bull flag on the daily. It is a great stock for a swing trade (if oil holds) because it usually follows the 20 day moving average. Paul Singh knows a lot more about the swing trades. I follow him on the BOWS blog - Market Speculator Swing Trade report.

Intraday (5-min) - it had a nice run at the bell, then a flag/pullback to the MAs. Then even bigger run up (great entry for a first pull back buy), and a secondary pull back to the MAs. I entered on the third bounce of 20 DMA but it was not as powerfull as the previous 2 runs.

Entry: $16.70
Stop: $16.58 (at the low of the previous 5-min candle)
Target: $16.90 (previous HOD)
Sold by scaling into the spikes