OSTK - Good looking chart with a great R/R. It will need to be managed if it advances so that we know if this is a 3 waves move or the start of a new bullish impulsive wave. The red 200MA and the lila anchored VWAP need to be broken for this to have a sustained move higher.
$OSTK bulls need to be patient - buy level is at $39-$41
We can see a double bottom on the StockRSI and RSI on the 4 hrly ... long here for a bounce to 69/70 Volume increasing Stoploss at 46.5
MONITOR Price action CAREFULLY, Invalidation LEVEL a 53.8. ... GENERAL MARKETs are anticipated to be in a CORRECTIVE mode, KEEP your stops trailing. ... CLOSELY Potential for good profits after markets stabilize
BOUNCING OFF 1-year support trend-line
Potentially OVERSTOCK to RISE as the rest of the MARKET CORRECTS
Where will Americans spend their $600 fed-check ? Waves and indicators look good, despite upcoming market correction
i hope you didn't buy the pico-top of this ponzi .
Overstock a eu deux inside bar consécutive la semaine passée. Ca passe ou sa casse cette semaine. A mettre sur votre radar.
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.
Looking for support on the longer term lower trend line above 61.31 Id look at the trend line above it for a new resistance area until a possible squeeze above 71.33 A tight stop would be 59.11 and lower stops would be 55.12 or 50.85 depending on your time frame. Watch for volume to pick up with a RSI on the up. I dont expect this to be a quick play and i...
Requested video breakdown of $NOK $OSTK! Happy Thanksgiving!
On the KST there's a noticeable bullish cross where I have placed the blue finger. On the RSI there has been a higher high for the first time since the blow-off top in the middle of August, rather bullish in my opinion.
OSTK is highly correlated with the price of BTC and with several fundamental crypto projects already well underway with OSTK's Alternative Trading System (ATS) that legally under SEC provisions trades crypto, it's price will begin an ascent back to the all time highs now that BTC fever is back on again and we are clearly in the beginning of the Crypto Bull...
Trading in an extremely tight range for a bullish breakout. If OSTK opens above 62.95 on 11/23 it should test 77.5 by 11/27. If it breaks above that earlier than, next price target is 85.10. Beyond that, ATH's. Breaking 61.25 to 56.17 bearish down to 52.79 potentially. I don't think that will happen. OSTK 70C 11/27.