MrCarstenF

Short term trend change has taken place for Overstock. Buy!

Long
MrCarstenF Updated   
NASDAQ:OSTK   None
Overstock has crossed important 15M EMAs (21 and 50 periods EMAs), which have been key support / resistance indicators in the short term. Considerable upside could materialise.
Comment:
EMA ribbons now act as support:
Comment:
Apologise for the FIBs which make it hard to see. Please see clean picture here:

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.