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Oil Service Holders Trust Level To Watch



January 10, 2011 – Comments (0) | RELATED TICKERS: OIH

The Oil Service Holders Trust(NYSE:OIH) is declining sharply this morning. The OIH is trading lower by $2.70 to $136.55 a share. This comes on a day when many of the leading oil services stocks such as Halliburton Co.(NYSE:HAL), Transocean Ltd.(NYSE:RIG), and Schlumberger Ltd.(NYSE:SLB), are all trading lower by more than 1.0 percent on the session. The popular OIH will have short term intra-day support around the $135.50 level.

Nicholas Santiago

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