BYON trade ideas
OSTK: WEDGE BREAKOUT SET UPOSTK end of the long consolidation.
Watch for a break of the wedge pattern .
First target at around 68 (top of the ichimoku cloud).
Next potential targets on the chart.
OSTK - Long with a great R/R !OSTK - Good looking chart with a great R/R. It will need to be managed if it advances so that we know if this is a 3 waves move or the start of a new bullish impulsive wave.
The red 200MA and the lila anchored VWAP need to be broken for this to have a sustained move higher.
OSTK MA8,9,20 and BUY POINTPersonal opinion of what OSTK cand do during the next weeks, the buy point would be, around January or early February, though we must keep looking close.
$OSTK bulls need to be patient - buy level is at $39-$41$OSTK bulls need to be patient - buy level is at $39-$41
OSTK: double bottom on 4hr RSIWe can see a double bottom on the StockRSI and RSI on the 4 hrly ... long here for a bounce to 69/70
Volume increasing
Stoploss at 46.5
$OSTK. Bullish divergence on 1HDescending wedge. 1 Scenario. The price can bounce from the support line. 2 Scenario. The price can go deeper to the support line ( wedge ) and then go up. Take profit is depend on your strategy
ostk dropping like a rockostk is back in the range, now oficially on a down trend, let's wai a little bit because in a couple of months from now we might see a nice buying opportunity
Possible Parabolic ArcMost parabolic arc patterns fall at least 50 to 62% in correction mode. Some only fall 38%, others fall 100%. It depends on the stock.
38% 80.8
50% 65.5
62% 50.40
79% 29.49
The low since the high of 128.5 is 48.5 which would clock a fall of over 62%.
OSTK - Watch for breakoutOSTK - Currently at strong support trend line, watch for bounce this level or reject, I am expecting bounce, at bounce good to enter 87c - Jan expiry
OSTK: 53.8 COUNT INVALIDATION LEVELMONITOR Price action CAREFULLY, Invalidation LEVEL a 53.8. ...
GENERAL MARKETs are anticipated to be in a CORRECTIVE mode, KEEP your stops trailing. ... CLOSELY
Potential for good profits after markets stabilize
Perfect swing trade opportunityPlease note that if we make a new higher high before dipping lower, then we might see a huge rally.
The most important level is 69.01-72.14, pay close attention to it!
OSTK: OVERSTOCK Breakout READYWhere will Americans spend their $600 fed-check ?
Waves and indicators look good, despite upcoming market correction
$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.
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.
