amateur_trad3r

Ocean Bio-Chem, quite suspicious

Long
NASDAQ:OBCI   Ocean Bio-Chem, Inc
Almost 50% below its August high.

55-period EMA flattening out.

Low volume for months.

Resistances at $14, $17 and $22.

In support around $11.

Backed by Renaissance Technologies, Vanguard, Bank of Montreal, and BlackRock .

"OBCI is a leading manufacturer and distributor of maintenance and appearance products for the marine , automotive, recreational vehicle and home care markets throughout North America. The corporate headquarters is located in Fort Lauderdale, Florida; the company's manufacturing and distribution facility is located in Montgomery, Alabama."

NASDAQ:OBCI
Comment: F*ck xd