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DoctorFaustus
Jun 2, 2021 3:19 PM

OEG; Short Chart Analysis, Psychological study follow up Long

Description

DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background, fundamentals, and assets through various lenses to determine if it is a good potential investment for you. The function of this write up is to serve as an educational resource for investors looking to understand how to find good investments. So read and learn some things about a trade that is an interesting case study at worst, possible money maker at best! This is not financial advice, nor is it financial guidance. Please see the chart for all text. Leave me questions if you have any.
Comments
SaltAirOcean
any updates here. oversold at this point
DoctorFaustus
@SaltAirOcean, Honestly, looking at the OBV on Fidelity, no one has sold. If there are any FTDs or buying surge, I expect this to surge. It easily bounced onto 8 in AH, and whether it was shorts or previous holders, any significant amount of buying pressure is going to blow the top off. I have held my shares because I am so curious by some incoming pressure. That is easy to say, there could be exceptionally little reason for any traders to gain interest in OEG with AMC and memestreet running hot right now. Best hope is for another institutional buy, but either way, you gotta take the risks at value and decide if you're willing to risk it here or elsewhere, because everywhere is a risk. Take the victories and losses in stride. Good luck!
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