The price action has strongly pumped to the upside and printed a higher high, meaning strong bullish action. It is currently facing resistance in the $4.05 - $3.85 region, (previous resistance) printing bearish candles. Therefore it is expected to retrace and give a pullback for another buying opportunity.
1. Impulsive move to the upside with a higher high
2. Golden Cross in development
3. I will wait for price to pull back to $3.20 - $3.00 region (Buy Zone)
4. The Buy Zone is also a High Volume zone
5. There is also a gap window in the Buy Zone.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
1. Impulsive move to the upside with a higher high
2. Golden Cross in development
3. I will wait for price to pull back to $3.20 - $3.00 region (Buy Zone)
4. The Buy Zone is also a High Volume zone
5. There is also a gap window in the Buy Zone.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Comment:
Bearish candle today. Expecting to pull back according to plan.
Comment:
Consolidation is in progress.
Comment:
Still expecting a pull back. Price in consolidation mode.
Comment:
Comment:
Price is coming down and expected to come down into the Buy Zone (between $2.90 - $3.20), waiting for a potential Buy Setup, and Bullish Price Action to take a buy position.
Comment:
Comment:
Price did not retrace down, but infact moved higher. Now that price has continued up and entered in the Gap Window Resistance Zone of $4.10 - $5.00 with High Volume, I expect price to reach to the top of the Gap Window Zone of $5.00 and close the Gap, and find strong resistance. From there, I expect price to retrace down in the Buy Zone between $3.40 - $4.00, where I would be a buyer.
Comment:
Comment:
My views and idea on OSH is the same. Price has continued higher but I still believe that OSH is a good buy lower. It may or may not move higher but its good to wait for it to pull back lower to buy it cheaper. I expect profit taking by Buyers to kick in soon, and price to head back lower for an amazing Buying Opportunity. My ideal Buy Zone will be $3.30 - $3.80 range, so lets see.
Comment:
Comment:
OSH has been going up and making Higher Highs but we can see a lower peak on the RSI as it is coming down from the Overbought Zone. We can also see MACD which has made a lower peak and now decreasing Histogram indicating a decrease in Bullish Momentum. This shows that OSH is expected to rollover and come down. I am expecting OSH to drop to my Buy Zone of $3.30 - $3.80 range, where I will be waiting to buy.