This week, we initiated a cautious buying strategy for NASDAQ:OLLI as it retracted to a strategic entry point, referred to as the low cheat for those who have read the Minervini books. THE BUY The buy signal was activated on February 20th when its price surpassed the peak from February 16th. Although our entry price at $79.18 was slightly higher than...
NASDAQ:OLLI ℹ️ Timeframe -2 Week ♦────────────────────────────♦ 🩸⚖️ from Accumulation into Distribution and back Accumulation 🩸💹 Bear Head & Shoulders 🩸💹 Bear Double Top 🔴🟢Pivot 29-34 🔵🟢Bottom 6,8 ♦────────────────────────────♦ ✔️Logarithmic (Log) Chart ✔️Logarithmic (Log) Fibonacci ♦────────────────────────────♦
Ollie's Bargain Outlet Holdings, Inc. OLLI continues to excel due to its unique business model of "buying cheap and selling cheap." This approach, combined with cost-containment efforts, a focus on store productivity and the expansion of its customer loyalty program, Ollie's Army, has solidified its position in the market. The company’s success can be attributed...
Analyzing the options chain of OLLI Ollie's Bargain Outlet prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $1.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read...
OLLI is traded near the moving averages (daily and weekly) with a tight range and low volume.
Nice stage 1 shifting absolutely beautiful into stage 2 possibble pullback reentry if stop loss get hunted. Emotions IN CHECK. Rules are followed strictly. Always remember trading is a game of probability. A+ setups only.
OLLI - triangle pattern - consumer defensive is growing again - 20% short interest, last 5 days price is close to 61.00 - MACD is positive again
Descending Triangle on ticker symbol OLLI. Please do your own DD before buying any Shares/Contracts of $OLLI. PT 1: $70, PT 2: $65, PT 3: $62.5 This is not financial advice just my opinion.
RSI is oversold.... Mac D losing momentum?... Waiting for retracement. Got two parabloic SAR's on the daily... What do you think? Like Follow Agree Disagree!
December's Secondary Trade This trade is slightly more risky and is the opposite of the general market movement (bullish). I shortlisted Ollies out from the category of Discount Outlets from Finviz screener. Unlike the rest of the market that gapped up, this category fell after the 9 Nov US election news. This was one of the reasons why I feel the company's...
$OLLI is struggling to go up.it may need some pull back before it goes up 12 months Consensus Price Target: $97.13 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Possible trend break, watching how this moves. Scenario 1: Risk range ($65.23-$69.10) Scenario 2: Risk range ($61.50-$65.23)
Entry $49 Target $51.39 risky PT $55.44 Stop $48 Olli crushed their Er last season but been selling off due to bad news. With their next Er coming up, i think they are ready to give us a small bounce here for a run.
Massive H&S but still looking for a reversal as I'm bullish on their business model. Waiting this one out for now.
$OLLI had a big day yesterday, rising 15% on the back of strong Q3 numbers. $OLLI still has room to run as it is still down 32% off its 52-week highs. Here are the highlights from Q3: Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) is higher after comparable sales fall by 1.4% in Q3 to miss the consensus estimate for a 1.1% drop, but the company's top line and...
Ollie looks like it's breaking out, loaded up on Calls yesterday for the low low. Good Luck.