Oculus
METAIdeal set of trendline support here. If it were to break we'd be visiting another 50% haircut where a bottom may be found around 88-90$ on the stock. Brutal to think about but it is possible.
If it bounces here we could likely see 190-220 as major resistance on the upside.
Overall bearish but remember this and NFLX got destroyed before any other tech tickers so may be ahead.
OVTZ Mega Bullish Cup and Handle (Oculus Visiontech)Longing OVTZ from 0.914 to 8.02
Bullish Cup and Handle pattern
Bullish Volume increase
Bullish RSI divergence
VPA 5 Triple Uptrend confirmation
Taking profit around Fib 1.618
Usually Cup and Handle target is the depth of the cup added to the handle,
but i will be taking profit around the previous peak of 8.3, because i'm expecting resistence there.