$OSTK Overstock Bullish Indicators. Trendline Break Imminent
Squeeze is on between the 50 & 20MA's.
Local downtrend in play today.
Indicators signal that a reversal is imminent.
Volume rising.
Stochastic bottomed and crossed.
MACD bullish crossover.
Histogram positive
$69.60 a major resistance to cross for the Bulls.
Targets as per resistance levels.
OVER trade ideas
Something crazy is about to happen in OSTKThis bull flag could be the best trade for 2021.
(It Could out perform Bitcoin)
$OSTK - Bullish Trade Set UpDouble inverse head and shoulders just in case one wasn't enough and a clean rounded bottom to top it all off.
Tgt 1: 78
Tgt 2: 88
Tgt 3: 100
OSTK: Brexit and change of guard in US is a good time for CryptoThis is not for everyone but it is what it is.
Enjoy if you have this.
OSTK - Bullish (50% gain)Overstock is appearing increasingly bullish.
Selling has slowed.
We have already touched major support at 51 area.
Double Top between 68-70 which is a downtrend is a bullish signal.
I expect OSTK to pull back a little bit more to 56 a share before it takes off to 85.00
This would make it an inverted head and shoulders pattern to the upside.
Currently, there is very little risk of dropping below 51 per share.
85.00 is the current equilibrium for OSTK.
OSTK, ca passe ou sa casse cette semaineOverstock a eu deux inside bar consécutive la semaine passée. Ca passe ou sa casse cette semaine. A mettre sur votre radar.
OSTK
- retest of falling wedge break
- inverse h&s pattern forming on daily
- wave C ending with momentum divergence
- .618 minute wave 2 retracement
- .5 subminuette wave 2 retracement ending with inverse h&s and divergance on 15 min chart show below
$OSTK Weekly Analysis: A Major Pivot Point On The HorizonThe price action in the 12/1 session showed us that buyers wanted to defend ~$62.40 area (See POC). I expect buyers to continue this trend and push the price toward the top of the downtrend channel. The last two lows reacting on or near the 0.5 & 0.618 fib lines tell me that this was a healthy/normal retracement. Wait for a break of the channel to enter long. If the price fails to break the top of the channel - enter short.
$OSTK Bullish ReversalHere I see a bounce off the March Low - August High Golden Pocket (GP) using the Daily Bullish Engulfing Candlestick as an indicator of a reversal.
I will be looking for a pullback to test the Daily 8EMA & enter on the bounce. Stop-loss will be set below the 8EMA.
#OSTK trade idea, looking for reversal patternLooking for support on the longer term lower trend line above 61.31
Id look at the trend line above it for a new resistance area until a possible squeeze above 71.33
A tight stop would be 59.11
and lower stops would be 55.12 or 50.85 depending on your time frame.
Watch for volume to pick up with a RSI on the up. I dont expect this to be a quick play and i would definetely scale in because we could see more downside.
The antagonist i would expect to perhaps trigger a continuation of that original trend would be heavy volume at the squeeze.
Cup & Handle on OSTK going into Black Friday. 10-20% upside.This channel OSTK can move to 72 easily premarket or early intraday Friday. If we blow the 70-72 channel 77.5 is very possible - would only require a 10-12% move which OSTK is very capable at this point having rose 20% in days. BULLISH ON OSTK. Position: 70c 12/18.
Giant Bullish Flag for OSTK?On the KST there's a noticeable bullish cross where I have placed the blue finger.
On the RSI there has been a higher high for the first time since the blow-off top in the middle of August, rather bullish in my opinion.
