zup

OSTK - consolidation triangle

Long
NASDAQ:OSTK   OVERSTOCK COM INC DEL
NASDAQ:OSTK crossed the consolidation triangle 2 days ago, a pullback happend 1 day ago, the TVC:NDX was really weak, so the pullback was compulsory. Above 84,5 $ a pro cyclical buy signal is triggered.

  • ADX is low, +DI ist positive
  • RSI is slightly overbought

Comments

Good luck
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zup Saeed966
@Saeed966, thx
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