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blloyd
Aug 9, 2019 5:07 PM

$OSTK bull flag ready to break higher Long

Description

As mentioned in the chart linked below OSTK has a lot of momentum to the upside and yesterday's earnings call just reinforced this right as it breaks through weekly cloud resistance. Typically this indicates that there will be a continuation to the upside. I expect to see the price break 30.15 over the next few weeks and don't expect there to be much resistance beyond that until around $39.50 .

On this 15 min chart the bull flag/coil seems to be coming to a head and ready to break higher.
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