Oxbridge Re Holdings Ltd (NASDAQ:OXBR) Biotech name that looks poised to bounce from recent bottom. RSI and Sto are starting to turn up from oversold levels. I think short term the stock will break back over $3.8
Pupm&Dump trading strategy idea.
$OXBR is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $5,17;
stop-loss — $5,65;
take-profit — $4,22.
Do not view this idea as a recommendation for trading or investing. It is...
TARGET HIT $OXBR @ 5.00 for 58.23% Profit in 169 days
YESSS!!! I also posted this idea a few days ago as well so contrats to anyone who took this trade 🙌🏼
I'll be back, with an even tighter strategy!!!
$OXBR ASCENDING BROADENING WEDGE, scaling up exponentially...
CONSECUTIVE HIGHER BOTTOMS
Oxbridge Re Holdings Limited, together with its subsidiaries, provides specialty property and casualty reinsurance solutions. It underwrites reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. The...
🟢 $OXBR Target 5.00 for 58.23%
Or double position at 1.36
No add, just charting...
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor....
This does not seem to be stopping. It's toward the bottom of the trend so we are entering here. The RSI is staying steady above its support and the trend is well above the EMA 30. We are hoping to $5.00 but we'll take anything over $4.00.
Oxbridge Re Holdings Ltd (NASDAQ:OXBR) is gaining some serious momentum again. If volume can pick up I think this stock can break through resistance at $2.8 and re-test its recent highs around $3.50 This is a stock that went from these same levels to $9 a share. Could this be the start of a similar rally? We will soon find out.
Oxbridge Re Holdings Ltd. is engages in the provision of reinsurance business solutions to property and casualty insurers in the Gulf Coast region of the United States. Through its subsidiaries, it fully collateralizes policies to cover property losses from specified catastrophes. The company was founded on April 4, 2013 and is headquartered in George Town, Cayman...
Will be looking for equally big volume and will be shorting the morning spike if any will be watching premarket high of day I will short.
History of poor volume after a big spike so will be mindful not to rush into a position here