I see this route upward as one of the possible scenarios going forward. Judging by prior performance, I wouldn't be surprised by some short-term volatility.
DYOR. Trade Slick.
Oatly, a Swedish company specializing in the production and marketing of plant-based food and beverage products, predominantly centered around oats, has been under heavy fire selling since IPO despite the overall growth of plant-based products and increased demand for alternatives to traditional dairy.
The chart above illustrates the OATLY stock price in a...
Hi Guys. This is a Technical Analysis Update on Oatly, (OTLY). On the 1 Week Timeframe.
We are in a critical area for OTLY.
We have continued our DECLINE from the REJECTION area
With last weeks candle close, We have CLOSED BELOW the "MAJOR SUPPORT" Area.
This candle close isn't enough information to assess what comes next. The next week or the next couple...
Hi Guys! This is a Technical Analysis for Oatly (OTLY), on the 3 Day Timeframe.
New candle starts today
So the question here is whether or not OTLY is dead and if its going to 0?
It may seem like that but when "Checking underneath the hood" with TA, things become clearer and you can understand whats going on objectively with a level head.
So we've come down...
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...
