amateur_trad3r

Ocean Bio-Chem, quite suspicious

Long
amateur_trad3r Updated   
NASDAQ:OBCI   None
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
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