reckon Overstonk inflects on this -63%, esp. with BTC pamping, which means point of maximal financial opp ANON; line in the sand is 48.50
Up on nice volume today if its hold this area then next resistance 81. Good setup for PL ratio.
The moment we have all been waiting for. Sooner or later, fundamental and reality will catch up to you. Buy OSTK for that quick rebound play in the demand zone. Make sure you take profit aggressively once you hit your target lvl because OSTK is only good for the swing trade.
Not sure if this counts as a cup and handle as it already broke out of the cup previously but earnings are Wednesday morning and I expect them to blow the doors off.
$OSTK Overstock.com at a possible buy point today finding support around $67. Green candle tomorrow should be confirmation. Earnings upcoming next week. Reported a great quarter back in July and the stock proceeded to more than double in 2-3 weeks. Not saying that's going to happen again, post-earnings reactions can always go either way but I am bullish. Near...
I have been following this one along with BIGC for quite sometimes dont know why I haven't shared this before. I noticed the end of the week candle closed at the bottom of my ascending triangle. With earnings 11/8? I hope we bounce and began that run up. Don't mind my pitchfork I am trying them out instead of Fibs. As always I look forward to your comments for...
OSTK break uptrend line. Now got support on 50MA. in case it will break down the 50MA, it will trigger a short position with 1:2 risk-reward ratio. take profit @64 stop loss @84
NASDAQ:OSTK Has lost its upward momentum. As this stock begins to form lower highs, and holds the 50 day SMA as resistance it could break its upward trend channel. If it holds below 82.57 I believe it could retrace to the 72.10 if the trend channel is broken on the downside. However, a couple of strong bullish days and a break of 89.90 could prompt more buyers to...
OSTK is getting over its early accumulation stage. It is a consolidation at Fibonacci 50% with high volume, significant volume is adding up the fuel for incoming rally. 1. the previous gap up has good support zone, that was well being respected since that. 2. Point of control is an evidence of high volume cluster, where accumulation stage has held. 3. Fibonacci...
This indicator may be signaling that OSTK's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. Tickeron A.I.dvisor backtested 91 similar cases where OSTK's Momentum Indicator fell below the 0 level, and 74 of them led to a successful outcome. Odds of...
Since my previous post on OSTK linked to this chart we have seen some support on the KST & a bounce back into the descending channel. Where I had a question mark before on the KST is now another blue finger icon representing a micro bottom. The RSI has additionally bounced back into what was a descending triangle, it's possible we see this play out as a bullish...
Looking like a continuation pattern for OSTK. Having some trouble getting above the 50-day moving average. Good short opportunity
NASDAQ:OSTK 📌Everyone, #sorryNosorry not much to add, D.E. Shaw is building up a position so I want to have some too. No need to get so complex when picking equities, flow baby...like water :) Yes, one more thing... 📌Peter Keith, Sr Research Analyst at Piper Sandler, has an "OVERWEIGHT" rating on Overstock.com and PT 140$ per share. He thinks NASDAQ:OSTK ...
It appears as though a Head and Shoulders on the RSI & KST has already played out to the downside, notice the blue Descending Triangle with the red colored lines representing the H&S on the RSI. Investors should acknowledge that the previous CEO of Overstock was great friends with Warren Buffett and spoke with him privately before departing the company. I find...
Another one. OSTK could be following the same path as FSLY. They are bother perfect candidates for a Head and shoulders pattern. Watch for price action to complete the right shoulder. If we break the neckline, watch the rug be pulled and this to fall quickly to $55. The ENTIRE market is overvalued and everyone knows it. I said september is the month things will...
Keep an eye on the KST, if the price continues rising but there is no higher high on the KST or the RSI there will be a double bearish divergence formation. KEY TAKEAWAYS of Ascending Triangles. The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price...