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Triple_Barrel_Capital
Sep 10, 2018 6:36 PM

$OLLI Overbought - Hanging Man Candle Short

Ollie's Bargain Outlet Holdings, Inc.NASDAQ

Description

OLLI Overbought - appears to be topping out on low volume forming a hanging man candlestick today. RSI up close to 90. MFI topped out last week and is already turning down, diverging from price.

Expecting a near term correction out of overbought territory. Targeting mid-80s within 1-2 weeks.




Note: Informational analysis, not investment advice.
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