blloyd

Looks like another $OSTK buying opportunity

Long
NASDAQ:OSTK   None
This is an entry opportunity, perhaps a little sooner than expected. Regardless of Patrick Byrne's public statements which may have created some concern even though they are unrelated to the company, ultimately this looks like a backtest of several levels of support which were previously resistance.

The ADX and DI are still solidly in favor of the bulls for the time being. Keep an eye on the weekly candle close as well as the $20 support level.
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