The last signal to buy on this strategy was given September 15.
The price of the asset at the time of entry into the trade was 18.29.
Our goals for this trade are as follows.
Take-Profit is set at 36.6.
and Stop-Loss Order at 15.5 At the moment, the the asset price has fallen slightly from the signal level, and this happens quite often before the trend...
Triangles leading to a breakout
The difference this time though is the break out will be out of the dominant down channel
This will be the end of the bear trend for OI
Neurocrine Biosciences Inc. (NASD:NBIX) will replace O-I Glass Inc. (NYSE:OI) in the S&P MidCap 400, and O-I Glass will replace HMS Holdings Corp (NASD:HMSY) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, March 30.
finance.yahoo.com
I like finding stocks where the golden cross has not yet run.
This is above the 50 MA, at the 20 EMA and in a slight pull back
MACD is reversed, ATR supportive. Stochastic is stalled.
I am going to watch it and if it closes above $13, I will likely enter. I may enter intraday if it holds $13 after 2pm ET.
I like the consolidation in the last month. The current price is right above the POC for the last month which should make this a low risk entry. The most recent daily candle tested the 23 and 38% fibonacci levels to close above the 38% fib level. Id like to see it close over 13.33 to enter for a run at resistance at 13.59
First target 13.96
Second target...
Hello traders, O-I GLASS is in a fake bearish push with low sales volume and we see a larger shadow on the top of the candle. But despite all these signs it still wants to start rising, see
on the TIMEFRAME 5 1 Min a bullish continuation is spreading. Great likelihood of going to join the last precedent above to absorb the losses of the last session.
Please LIKE &...
graph analysis OI - 6/9/2020
Big BULLISH flag if i ever seen one
Rsi indicating the buy.
OBV volume still cherrry.
say less ! buy some calls or stox
goodluck
Due to what’s been going on with the riots and destructive off stores etc .. I’m looking for this glass stock to remain bullish. My technical analysis also confirms the bullish move it has been been making. It’ll retrace to $8 and then take off on the buy.
What I see...
+ Bread-out run throughout last week leading up to Earnings
+ Prices pulled back; seem to have found Support by the 50 MA
+ Multi cup/handle formation with higher lows
+ Prices moved sideway in the past 2 days with contracting vol.
- 0.5 Fib could be potential Resistance next
- Vol. is still on the low side
- Overall trend is still...
$OI has caught our attention as it trades at trendline support above $5, down from 52-week highs of $20. Like all other stocks, $OI has gotten hit due to corona, but we think $OI has a good risk/reward setup. The stock trades at just 2x this year's earnings and 0.13x sales. Last week, $OI put out and update and here's what management had to say.
“O-I’s operating...
OI has had a big floss out and maybe its time to have a break up.
heavy volume- -- rising RSI and other indicators.
support in 9.60 - break below negative.
OI has formed a nice H&S. Indicators support it and so does the trend. I would really encourage you to scroll up the timeframe charts. This stock looks like it could get locked into a bearish downturn for a very long time with some fun gyrations. Overall score is a 10, so this will go to the top of the options shopping list.
Weekly
there is a large H&S with two...
Owen-Illinois is going to benefit from the strength of the Euro and the Mexican Peso with its international operations.
Better price-cost margins enhancing system pricing to aid overall sales in the quarter.
Even with the company's higher costs with overall operational expenses, I believe the pros outweigh.
I believe the company will benefit from the...
