Long
Long
OHGI is up on good news thestreet.com/story/14420941/1/one-horizon-group-executes-term-sheet-to-acquire-123wish.html
The moving averages went bullish when the EMA(9) and (20) broke EMA(200). Friday was a day of profit taking, but the excitement should continue with a potential retracement to EMA(9) where I have place a buy order with the hopes of catching the bounce. The candle is now in the Bollinger bands, so the stock may continue up tomorrow and never retrace to the EMA(9).
The moving averages went bullish when the EMA(9) and (20) broke EMA(200). Friday was a day of profit taking, but the excitement should continue with a potential retracement to EMA(9) where I have place a buy order with the hopes of catching the bounce. The candle is now in the Bollinger bands, so the stock may continue up tomorrow and never retrace to the EMA(9).
Note
Success- dip buy worked for a total of 15% return. a longer hold would have brought 30% but I was up 1K so I took the profits.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.