This one of the alternative milk products, have not had a break since its IPO a year ago. Looks like some downwards movement continues.
This might trade down to $1-0,5 and then will pop, wishful thinking. But narrative have not changed.
Just broken out of its wedge and is now on track to breaking its resistance level around $10.
- A break of this resistance will be fairly substantial as oatly begins its first major breakout.
- There is a gap to fill around $11.20 which does require us to break the strong resistance.
Onwards and upwards, wishing you all the new year the this trading year.
See...
Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Sweden.
It offers Barista edition oatmilk, oatgurts, and frozen desserts and novelties.
Price Target 1: $12.40
Price Target 2: $14.90
Stop loss: $8.50
Looking forward to read your opinion about it.
Interesting set-up with how there price is very representative of the volume. Judging from the large sell volume recently after an increase and the return to relevent fib levels it seems likely that there will be another short term bullish move followed by a minor correction. Overall, chart looks good and the R/R here is decent. Market seems to be on a return but...
Evening everybody, this is a stock I have been following fairly closely since IPO as I am a daily consumer, it finally made me want to enter.
We have been trending south since IPO but a reversal candle pattern on the daily paired with a hammer on the weekly suggests that downtrend is about to change, albeit if we break out of falling wedge. We see a fisher cross...
The chart shows a wave 2 dip to the .618 levels and a trend in the other direction beginning. Also, the legal issues that were one of the primary causes for the dip in Oatly are getting settled. These factors alongside increasing volume indicate that there could be a reversal in the trend as long as the overall market can at least stay neutral. Keep risk to a...
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to...
50% gain in 5 weeks?
MACD turning bullish with a low RSI.
The breakout of this triangle will decide if we make or break...
Credit to Northstar on twitter for the arc.
Hello,
looks like we are going for a trend change here on $otly stock .
4H candle still needs to close.
If we can get a higher high here try to buy on the pull back
Here's a quick comparison of some of the listed companies that produce vegan products/services (restaurants) globally.
Except for Baby listed in Canada, the rest of the stocks seems to be heading south after an impressive head start. I am a pescatarian (exclude most seafood except FISH and dairy products) so naturally, I am interested to know more about the...
-OTLY Sitting on support and looking for an up move
-CEO announced that the company's main goal is focusing on growth
-Oatly got hit pretty hardy on Friday with a lot of selling, but I believe it will bounce back as long as the market rebounds tomorrow.
-If market continues to drop, this stock could see
Oatly Group AB operates as an oat drink firm. Its core technical advancements that enabled to unlock the breadth of the dairy portfolio, including alternatives to milks, ice cream, yogurt, cooking creams, and spreads. The firm’s geographical segments include EMEA, Asia and Americas. The company was founded by Björn Öste in 1994 and is headquartered in Malmö, Sweden.
NASDAQ
