OVAS - Possible day trade at the break of $1.65 to $1.92 & highe
OVAS is reporting after market tomorrow, and we would look for a speculative day trade opportunity here if it breaks above $1.65
* Trade Criteria *
Date First Found- August 2, 2017
Pattern/Why- Fallen angel, Possible day trade
Entry Target Criteria- Break of $1.65
Exit Target Criteria- $1.92 & higher
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
OVAS
OVAS - Fallen angel formation Long from $1.41 to $1.78OVAS seems forming a fallen angel formation after a huge decline. It just started to roll up here making higher low's & higher high's on higher volume. We think it has good upside potential if it can crossover $1.41
* Trade Criteria *
Date First Found- June 20, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of $1.41
Exit Target Criteria- $1.78
Stop Loss Criteria- $1.27
Please check back for Trade updates. (Note: Trade update is little delayed here.)
OVAS Potential break of falling wedgeSeems to have formed a bottom support around 1.48. Breaking through falling wedge pattern drawn on a bit of volume. Lots of eyes on this for a reversal. Good entry here at 1.59/60 with risk at low of day, or 1.48 support area. Potential reward 1.75ish.
OVAS - Fallen angel pattern Long from $3.93 to $5.30 area OVAS looks like a possible fallen angel type of pattern. It crossed above EMA lines with higher volume & seems has very good upward potential.
We are looking for short time swing type of trade at the break of 3.93, as it started to breakout in the hourly frame. For target we are looking for 4.87 & 5.37
You can check our detailed analysis on OVAS in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 3:30"
Trade Status: Pending
$OVAS Head and Shoulders - shortH&S pattern at the top of an uptrend(?). A break in the neckline($6.97) will confirm the downtrend.
