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Oatly

Oatly | OTLY | Long at $0.64NASDAQ:OTLY : A pure technical analysis or future acquisition play. While the company is unprofitable and only has about 1 year left of cash, the bottom "may" be in... unless an offering is announced (tread lightly). But my historical simple moving average (SMA) is approaching the price. Typically, when this happens, there is a sudden jump in the price to "meet" the SMA. It may take weeks or months, but for a pure gamble, odds are in my favor (again, unless bad news emerges). Thus, at $0.64, NASDAQ:OTLY is in a personal buy zone. Target #1 = $1.00
NASDAQ:OTLYLong
by NicksAnalysis
Oatly group. Falling wedge. Heavy call activity. 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 on the day and we have just bounced out of oversold conditions on the day. Also delving into the derivatives activity behind this stock there is huge calls for December 17th which suggests the price will go North. Up a fair amount today so will be worth waiting for a pullback or entering Stay safe out there guys and gals.
NASDAQ:OTLYLong
by Chopstick_Charlie