OSIM INTL seems to have bounced off from the low of $1.00 on 15th Dec 2015 and had managed to rise higher to close at $1.08 on 31st Dec 2015.
Its current price is hovering above both 14SMA & 25SMA which is generally quite positive.
From TA point of view it may have reversed this downtrend and is showing sign of moving up.
Both MACD & RSI are also showing sign of a positive divergence which may provide further indication for the price to head higher.
A nice breaking out of $1.115 with good volume that may provide further catalyst to propel the share price to head higher towards $1.22 then $1.36 on a short term uptrend mode.
If price dropped below $1.00 then perhaps this uptrend mode may not follow-through.
Entry price - $ 1.115.
Cut(Stop) Loss -$ 1.00
Target price - $ 1.22 - $1.36
(Trade/invest base on your own decision)
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