NASDAQ:OTIC Possible Scenario: LONG Evidence: Price Action, Bullish candlestick TP1 ~6.5$ * 20% Profit This is my idea and could be wrong 100%
OTIC looks like its just brekaing out its Moving averages & Picking up volume. We think it will continue from here, however for confirmation we would like to see the break out of $6.33. * Trade Criteria * Date First Found- January 11, 2018 Pattern/Why- Breakout Long trade Entry Target Criteria- Break of $6.33; Aggressive entry at current price ($6.10) Exit...
As per Daily 50sma which stands at 135.66 seems like the chart is holding strong and Costco indeed likes the last run it just went on.. Chart seems to be taking a breath and thats a good sign. only time well tell.. but in the mean time play the channel that seems to be forming and try your luck
RESISTANCES BlueSky BreakOut @ 146.82 Tenkan-sen Resistance @ 143.11 SUPPORTS Kijun-Sen Support @ 140.41 Nice Bounce off Fib .382% @ 139.76 ^^^If supports cant hold Use Lead Span 1 & Lead Span 2 AKA cloud as support area