Long
$OSTK Overstock.com - Reversal Into Earnings
OSTK Overstock.com at a possible buy point today finding support around $67. Green candle tomorrow should be confirmation. Earnings upcoming next week. Reported a great quarter back in July and the stock proceeded to more than double in 2-3 weeks. Not saying that's going to happen again, post-earnings reactions can always go either way but I am bullish.
Near term target: $85.00 (Could easily see $100 by mid-November with another solid ER)
Note: This is NOT investment advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.