LONG $OSTKAs we can see from the above chart, overstock as been down significantly since its peak in February. Since I began analyzing this stock, it is clear that it runs closely with the cryptocurrency market as it announced it would be implementing this on their online platforms (blockchain and cryptocurrency capabilities). After diving deeper, I believe this stock will rally coming into the next earnings season if the fundamentals look good considering their revenues have been up year after year this idea isn't far fetched. This also could be a potential buy out opportunity in the future with a larger competitor such as amazon.
BYON trade ideas
Looks interesting Only thoughts not a recommendation. However, the % of shorts is way too high I believe it is over 30%, but overall the chart looks interesting and worth watching in the next couple of days.
OSTK (long baby) OSTK came down to retest the .236 (Fibonacci) and should go up from here.
Recent price history looks like an oval. In terms of physics, price should go up at the same velocity from which it came down from (potential energy) and we take gravity into consideration.
Possible cup and handle here. EITHER WAY OSTK TO THE MOON
OSTK IDEA ( Inverted Head and shoulders)OSTK is extremly bullish.
Target 1 is $46
Target 2 is $68
Also worth holding
OSTK: Move up to 200SMAIf OSTK holds above after hours Pivot at 44.60 , there's room to 200SMA at 48.50.
OSTK LONGEntered at close but might see a pullback first before rising.
Still to break the 0.618 fib fan so still risky.
$OSTK LONG will retest the 41.55 lvl$OSTK, now with all that cash i think it is time $OSTK retests the recent high of $41.55 and breaks thru. Key support is at 33.30 then 31.35. I will be buying calls at open tomorrow. Will update on twitter which ones. @breakingoptions
OSTK Head and Shoulders with a throwbackI am very bearish on OTSK. Just went through a distribution trading range and is beginning mark down back to where mark up initially began. OTSK did a throw back to the neckline and is now continuing down.
Accumulate $OSTKLooking for break of rectangle for average up, for now continuing to buy in box. Stop at lower bar of rectangle.
LONG $OSTK On Cup & Handle BreakoutOne of my favorite classical charting patterns to trade. Sized up and will add on moves higher.
Consolidating since AprilCould get squeezy up in here. Recent volume looks to be in favor of the Bulls. Sitting on top of 50 and 20 MA
$OSTK Down another 6% Looking For $26 At A Minimum We're looking to cover our short from $60 at $26 - did you take this trade with us using deep in the money puts or are you listening to the "experts" telling you BTC to $100,000 and XRP to $14 ?? #trading #crypto #fintech
OSTK This Name Was a Top Sell By Mr Soros In Q1 As posted here a few times we've been short this name from $60 - retail ran into this one as soon as they heard Mr Soros was buying the name - we shorted it. Now it comes out that Soros has $OSTK as a "top sell" in the first quarter. #trading #bitcoin #stocks #crypto #fintech
$OSTK Boom! Down another 10% Today Not Covering YetWe posted here our #OSTK short from $60 with updates along the way. -We posted that we were looking to cover at $26 and not before - nothing has changed. #trading #blockchain #stocks #fintech #crypto
OSTK This Name Can Get Get An Earnings BouncePlease be aware that this name $OSTK may get an earnings bounce - we really have no idea we dont play "earnings" - but we are staying short and will cover at $26 as posted from out original $60 - if you took this trade with us at $60 with DIM puts as posted here you already have a major home run we just think there's more in it. #trading #crypto #blockchain
