Owens-Illinois Faces Resistance

Owens-Illinois (OI), a manufacturer of glass and plastic container products, is on a steady price upside, but the long-term chart shows that OI is headed for a key resistance level. This chart pattern suggests that the stock may slow its upward path.

Investors should be cautious with the stock.

Related Articles:

Price Chart Primer
Price Patterns - Resistance Levels Are Barriers to Price Upsides


Posted November 22, 2007.

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