Chinese bridge builder Ossen Innovations $OSN has been in a bearish in 2018 after the pump and dump action in the beginning of the year. Price has since drifted lower and lower, pushing into new historic lows by the end of 2018, around $1.06. A month later, price has rebounded slightly, but the rally could still be within the context of the longer-term downtrend.OSN Daily Chart(click to enlarge)Bears Still in Charge:- We can see that the bullish swing in the past month has been tame and choppy. In other words it does not look like a sharp and decisive rebound.- Furthermore, price is now approaching a previous support level around $1.75. I think there will be resistance here.- The RSI is also around 60. It should hold under 60 for the most part if the market still has bearish momentum. This has been the case since after the early 2018 pump-and-dump. - Maybe we can see an extension towards $2.00, but I think that should be the cap to the current rebound.- I am anticipating both resistance in this $1.75-$2.00 area, as well as downside pressure towards the $1.00 area.- I think the $1.00 can provide some psychological support, but it would be too early to call for a reversal, especially when the general market sentiment is still tentative. Interesting Price Action:- One thing about this chart is that it shows very periodic volume. The volume is usually associated with a bullish spike.- As an investor, this company is showing too much bearish bias. But as a trader, there is excess kurtosis we might be able to capture if we get out of our positions fast enough. (Excess Kurtosis here refers to the large frequency of large gains, but also large losses immediately after those gains - not a normal distribution of gains).