benedekdomotor

Bullish pennant on the weekly chart.

Long
NASDAQ:OSTK   None
We are hitting the upper side of the bullish pennant pattern, thanks to the positive earnings report.
The weekly chart looks extremely bullish(price above the EMAs, rising RSI, and MACD cross), with 27-100% upside potential, although the daily chart is extremely overbought so be careful!
I expect a small correction before breaking out. I think we will visit the 85 levels before heading higher.
But after that, my targets are: 116,72 (+25%) and 185,68 (+100%)
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