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Overstock

Is OSTK trading in an Ascending Triangle?OSTK's earnings are fast approaching, it'll be interesting to see if there's any bullish momentum from the numbers. Since early January this year up until today, the blue upward sloping support of the pattern has held forming a series of higher lows & an Ascending Triangle. On the KST there's a bullish cross where I've placed the blue finger. The DMI is displaying a bullish twist and indicating potential further momentum to the upside.
OLong
by ScotianBot
Buy $OSTK - NRPicks 14 MarOverstock.com, Inc. operates as an online retailer in the United States. It operates through the Retail, tZERO and Medici Ventures segments. The company offers furniture; including area rugs, bed and bath linens, home improvement, kitchen and dining room items, and other related products. Among the most recent to Overstock, we have tZERO, a leader in blockchain innovation and liquidity for digital assets, announced an agreement with Realio, a technological ecosystem for institutional-grade digital assets. This partnership will connect Realio's global network of real estate and private equity issuers, with an existing portfolio of more than $ 300 million in assets to be tokenized, with the TZERO ATS. Overstock is a very volatile company that tends to repeat patterns, coming off a 49% drop in the last few weeks. We observe a possible continuity in its 18% rebound for the week. Technical: - Bounce at MA50 - Average RSI levels - MACD Level (12, 26) 13.42
OLong
by NewroadTrader
Bullish Flag for OSTK?OSTK appears to be consolidating into a giant bullish flag drawn in blue. On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term. It's always possible this pattern plays out bearishly as a descending triangle, and if that happens the horizontal baseline of support will be broken to the downside; expect the red lines below to act as support areas in the event of a fake-out. JP Morgan has filed an application with the SEC to issue notes for a new investment product. The new basket dubbed “J. P Morgan Cryptocurrency Exposure Basket” will track the equity of publicly-traded U.S companies that are either “directly or indirectly” invested in Bitcoin and cryptocurrency-related efforts. Overstock is one of the companies on JP Morgan's list.
OLong
by ScotianBot
It's that time of year again--long OSTKHas consolidatied since September and has since bottomed, and recently broke the $85 resistance, is above the VWAPs from the lows and the August high, has earnings coming up, is coming off a massive volume shelf, and it's positively correlated with tZero, which has also bottomed and is coming out of that. OSTK has a cycle and huge structure which can go up violently for a few months at a time (like this summer) and then spend a few months chopping up traders. NOW is the former. Watch out for resistance points like 95, 112, and 130, but with OSTk it's possible that it may not spend too much time around those levels after hitting them. I think previous highs will eventually be smashed in the next 2 months or so.
OLong
by neoyouaretheone