n inverse H&S prediction This is within a large expanding triangle The three circles labelled from left to right are left shoulder,head,right shoulder Long term analysis on this Weekly timeframe Entry labelled at 1.30 is optimal for the long term
I EXPECT BULLS TO RE-DIRECT THIS SHIP BACK TO THE 200 MA.
OESX, one of the most promising setups out there at this price. Insiders buying: www.nasdaq.com Technically a turning point and a good price for such a growth derived company.
Good volume, above the 50 day MA. Currently in a pullback. Other pullbacks have been going to higher lows relative to the bollinger band mid-point. This makes me believe that with this pullback, we can expect to make an entry at about 5.55 and look for 30 - 40% upside. Buy in @~5.55 Stop loss @ 5.11 Exit 7.22 - 7.77
Shares of Orion Energy Systems Inc $OESX on the NASDAQ have been on a tear in 2019. So far, the stock is up by 359% after starting the year around the $.60 level. Since then, it's been a steady climb up the ladder. After hitting $3.03 last week, the stock has pulled back and we are buyers down to $2.15 a share. If we break $2.15, then we will have done some...
Our subscribers are now up over 60% since we first recommended $OESX back in June. $OESX made new highs on Friday and we think there's a lot more room for the stock to run. $OESX is trading at just 15x earnings, 0.98x sales, and has a low PEG ratio of 0.62. Earnings are forecasted to grow 50% this year. As always, trade with caution and use protective...
OK, I'm probably a day late on this one, but still looking early for upward trend. I've placed my order for Monday.
OESX's price rises. The first rising wave structure (0A) may be of the same size as the prevailing wave. Then we expect a correction around 1,400 usd levels. The correction wave support level can be the D1 ATR axis. It will be around the level of about 1.13. From this level you can start a further bigger increase. Its size can be W1 ATR distance wavelength....
Anything under 1.10 is pure gold. This stock has a lot of recent insider ownership. An American made company that specializes in the LED lights industry. Promising stock here. Once news drops, it will bounce hard.
OESX. Looks like a nice Double Bottom play here. Info on chart