Long

OSTK: WEDGE BREAKOUT SET UP

Updated

OSTK end of the long consolidation.
Watch for a break of the wedge pattern.
First target at around 68 (top of the ichimoku cloud).
Next potential targets on the chart.

Note

Next resistances at 65, 68 and 70

Note

Price currently backtesting the breakout zone around 57, giving you a good entry with a stop below 57.

Note

Approaching 1st target

Note

95 next

Note

the price has almost doubled since the breakout

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