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tfleet007

$OSTK Bullish Reversal

Long
tfleet007 Updated   
NASDAQ:OSTK   None
Trend Analysis Chart Patterns Technical Indicators Fibonacci Retracement OSTK Bullish Patterns
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trendanalysis chartpattern indicator fibonacciretracement ostk bullish
Here I see a bounce off the March Low - August High Golden Pocket (GP) using the Daily Bullish Engulfing Candlestick as an indicator of a reversal.

I will be looking for a pullback to test the Daily 8EMA & enter on the bounce. Stop-loss will be set below the 8EMA.
Order cancelled:
No bounce off the Daily 8EMA. Trade cancelled.
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