OSTK squeeze setup over 19.80Working on a breakout over $20 area. News today and rumors of sale of retail business should lead to a big move...$$$$$
BYON trade ideas
Long OSTK, potential inverse head and shouldersTime Period 1-2 Months
Traders can wait for the right shoulder to fully form before entering the trade or buy around the low of the left shoulder. Stop loss at $15.50
$OSTKHOPE THE SHORTS ENJOYED THEIR DAY IN THE SUN YESTERDAY
FIB KIDS BACK AT WORK TODAY
BOUNCE AT .382
$OSTK
PROFESSIONAL ANALYST TARGETS ARE AT $75
PROFESSIONAL
Huge volume increase, Positive Catalyst, Open MACD, RSI CleanThe launch of the tZERO token cryptocurrency has only been trading for a few days. This is a strong catalyst event, as speculation directly in crypto assets has produced huge % gains. Indirectly speculating through buying OSTK is a way into the crypto markets without as much risk.
The RSI is not oversold, MACD on the daily chart shows a strong green candle with room for further growth. Resistance was broken through and tested on Friday, so the first few trading sessions of this week will be available for day-trading gains. I'd watch for a pullback to re-test the resistance on Monday before taking a position.
OSTK really gets going over 20.30....50% short interestNew Tzero platform launch is a huge catalyst for this company and should attract institutions. Long $30 PT
$OSTK Overstock Fib RetracementSeeing decent fib level action with $OSTK. It could break down after recent spike.
OSTK short.... wait to go long... mobile-text-alerts.com
wait for 12 to 8.50 to go long... looks like a big bear flag.. I love this company and what they are doing with block chain but this can take a year or 2 to really take off
so be patience... scalp long at 12 but use stops manage your risk
OSTK - Downward Channel / Flag poleOverstock took a beating the last couple weeks. It still is riding the downward channel and is climbing back up to the resistance line of $15.73 over the next couple of weeks. Perfect time for an Iron Condor to collect some money off of writing calls & puts.
OSTK Overstock = Overpriced, Hit the top of the channel going to ride it down for a little bit.
OSTK 12/28/18 18.5 PUTS
Blockchain is Cool BUY OVERSTOCKconservative way to play blockchain, buy overstock down here, hold on for long haul, heck a move back to $40 is 100% return risk 30%
Overstock Oversold?Buy Now sell Higher Later.
Oversold condition exists
Maybe Overstock owner decides to keep retail side?
OSTK Time To Cover Any Short Positions On This NameOSTK If you took this short with us from $60 ( posted on tv ) it's probably best to cover now ( as we have ) in this $17 area - this trade has been a major home run and this name could even drop as low as $8 but why risk the major profits you now have. #stocks #trading #fintech
OSTK long term holdentry 16.96
red lines are targets
red box is final tp
bull div on daily
months-years hold
cheers
OVERSTOCK Possible Reversal - LONGWanted to chart this with AMD!
- Take Profit Levels are CLEAR
- Stop Level is CLEAR / Always use STOP LOSS! :)
Take profit around levels right before Daily Closes...
- OSTK typically correlates in relation with BTC
- Keep an eye on BTC price movement if you are in an Overstock position...
All - Love
OSTK long term entryOSTK is back at prehype prices, so buying it becomes way less risky. More downside is still possible but the risk reward is decent.
I see it as a bet on the success of security tokens (tokenized stocks). I have no doubt that securites will be settled on a blockchain in the next decade because it turns them into digital native assets.
Imagine you want to write a message to somebody and you have to write your text on a piece of paper then scan it to make it digital and then send it per file transfer to a central server where somebody else can download it!?!??! We have the year 2018 and our children will look at us asking dafuq we are doing there.
Today we can not only send messages and voice over IP but also value. The complex structure of broker, custodian, exchange and clearing house will be disrupted.
I see two options: decentralized exchanges like 0x (which will be some kind of a opensource not for profit DAO) or a centralized exchange which is custodian, broker and exchange at the same time. The clearing houses will become obsolet because the settlement will be on the blockchain in both cases.
2018 exemplified. I don't trade overstock, but look at that bubble. Market is full of them. Further down to go on other equities.
Overstock price preordained by God + invisible hand + bitcoinNo surprise here, easy $OSTK "bitcoin is dead" short profits have been made. Full reset of the RSI. Also probable double bottom in tech stocks happening today. $BTC not moving.
$%OSTK nearing downtrend lineLevels are not EW fib and lines are all juts my gut feeling. complete novice here.
$OSTK Looking to short again at $60 if it gets back there Title says it all - we'll probably reshort this name with deep in the money puts if it can claw it's way back to $60 but not before #trading #stocks #fintech #bitcoin #blockchain