OLSCapital

OLSCapital Updated 

Watching DKNG for a possible trend reversal once a breakthrough of 0.236 fib occurs at my price level of just over $48. A strong breakthrough would indicate a move out of a three-month downtrend which aligns with my indicators. MACD is curling upwards, and RSI is moving out of oversold territory lining up for a potential upwards move. It also held the lower...

OLSCapital

Combination of technical and fundamental analysis. Bounced off several Gann fan lines which are forming the resistance and support points, further supported by the trend-based fib extension. Key point to break to the downside will be the 0.5 fib level which coincides with the 8/1 Gann fan at around $179.05. The RSI is also around the overbought levels on the 4H...

OLSCapital

BA presenting a nice long setup as a reopening play. If price manages to break out of the pennant we could be looking at a solid R/R play

OLSCapital

CCIV chart setting up nicely on the daily for a run up to the ticker change on 23rd July. Daily chart showing a stretched cup and handle ready for an explosive move up into the gap fill. Higher highs and higher lows showing sign of strength also. With an inflow of volume which is expected coming up to the 23rd, combined with the high short interest, we could be in...

OLSCapital Updated 

A long idea for $FUBO managing to breakout of this downward trend before earnings would be a great move as FUBO hopefully competes with ROKU and DIS earnings. I believe we saw a bottom yesterday with the SPY dip and saw a nice reversal at the end of the day rather than a false bounce. With large institutional ownership, if we see momentum building, this will no...