$OSCR - 77% Upside if we HODOR!!NYSE:OSCR - HODOR!!!
Strong Support has been created at $12.15-$13.25 throughout the last two years.
It's held every time, if we hold again and market plays ball then...
🎯$16.50 & $23 are INBOUND!
- All indicators curling up
- At key support
- Name has a lot of big names behind it.
- Extremely undervalued
Not financial advice
OSCR trade ideas
60% Upside - H5 Trade of the Week!H5 Trade of the Week!
In this video, we are talking about a phenomenal potential trade that allows us to take action if we get some key items.
Everything is lining up for this one. We just need a few more items, and it will be time to enter!
NYSE:OSCR Breakout = $24/ $28
Not financial advice
WorriedI was bullish on OSCR and still trying to be but recently things have changed.
Bearish signs:
1. It's curling over in a high volume resistance. (potential double top also).
2. Recently fell below a long term trendline (Grey line) and rejected on a retest.
To look out for:
1. Falling below the yellow trendline
2. Falling into the volume void.
If all of the above occur:
Target will be the Fibonacci gold zone.
I still have a position, but a break below the yellow trendline and I will close my position and wait for it to retrace to the Fibonacci target.
This is looking very similar to BTC.
Oscar health triple bottomThis stock looks bottomed out here, many touch points along the point of interest. We noted a bearish downfall of momentum and volatility. This has passed and it looks like we have a pivot here. RSI is rising alongside a falling price, this is divergence. Often times trend lines and patterns work out better on indicators than actual price action.
My plan:
I am slowly buying low risk LEAPS 35$ strike for Jan. This keeps my capital allocation low but my upside tremendous due to potential delta expansion
$OSCR - Looks attractiveNYSE:OSCR looks attractive. It’s in the process of forming a cup-and-handle pattern with a full measured move to $40. The neckline resistance is around the $22 area.
The ideal entry would be around the $13 area. 👀
As always, I’m sharing my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
OSCR - This could be MASSIVE!NYSE:OSCR
Still doing my DD on this name but here are my thoughts on the technical side of the house.
Monthly Chart Analysis:
CupnHandle Breakout = $45 🎯
Bullish:
- CupnHandle forming
- At the first Volume Shelf with a GAP above
- In a bullish up trend
- Michael Burry bought at current prices
Bearish:
- S/R zone range is $10-$13.50
- Volume GAP down to $10ish
- Bottom of Bullish channel is $10ish
- Wr% is down-trending
My Opinion:
- I believe we will more than likely form a deeper handle due to the fact that the Wr% is down-trending. I've found that when we break above -20 and then start a bearish channel descent we get to -80 or to the green support beam before we bottom out and then bounce to the opposite end of the spectrum.
- This would bring us into the $10-12 range before we see a bounce.
- I believe this to be the case as we now have a red H5 Indicator that is almost making a bearish cross as well.
As I said I'm still doing my Fundamental DD on this name but if it does turn out to be fundamentally undervalued with a bright future then I would welcome this to fall further in order to buy more.
Not financial advice
OSCR Downtrend Reversal Setup with Breakout Potential.The OSCR chart on the 30-minute timeframe shows a clear downtrend with a descending trendline. The price action appears to be nearing a potential reversal point as it breaks out above the trendline resistance.
A yellow horizontal line indicates a significant support level around 13.67, where buyers might be stepping in.
The green zone highlights the profit target at 16.58, while the red zone (stop-loss) is placed near 12.76 to manage risk.
This setup reflects a bullish breakout potential with a favorable risk-to-reward ratio for a rebound.
Digital Health on the Rise - OSCRDigital Health is on the rise ...with artificial intelligence playing a key role in the development of industry wide efficiencies.
A recent study by Dr Adam Rodman, showed Doctors that had access to chatGPT to assist in their diagnosis of patients, outperformed doctors who didn’t utilise the tool (76% to 74% respectively).
The chatbot alone however scored an average of 90% accuracy when diagnosing a medical condition from a case report.
Will Artificial Intelligence become the standard in medical diagnosis? Will it eventually replace General Doctors? Time will tell...
There are many advancements occurring within the Medical Technologies space - One contributor is OSCR NYSE:OSCR
Here's our price guide:
Bullish Continuation Potential above $17.30
Bearish Continuation Risk below $14.51
We're inspired to bring you the latest developments across worldwide markets, helping you look in the right place, at the right time - We will continue to monitor the Digital Health space in the event there are any rapid changes.
Thank you for reading! Stay tuned for further updates, and we look forward to being of service along your trading & investing journey...
Please note all information contained within this post is strictly for informational purposes only and is not intended to be investment advice. Please DYOR & Consult your licensed financial advisors before acting on any information contained within this post.
Love & Wisdom,
Oscar Health! Can the Health Insurer Continue Its 2024 Surge?Introduction:
Oscar Health (NYSE: OSCR), a digital health insurance company, has seen significant stock price movement in 2024, reflecting both its growth potential and the challenges it faces in a competitive market. With its recent earnings report beating expectations, investors are keenly watching to see if the momentum can be sustained.
Revenue and Profit Forecast:
Oscar Health is projected to generate $9.23 billion in revenue for 2024, with a forecasted increase to $11.03 billion in 2025, marking a 19.57% growth. The company is expected to achieve profitability with an EPS of $0.60 in 2025, a significant improvement from its current loss of $0.03 per share.
Growth Drivers:
The company’s growth is driven by its tech-first approach to health insurance, which appeals to a younger demographic and differentiates it from traditional insurers. The significant year-over-year revenue growth of 44.6% highlights the increasing adoption of its services. However, Oscar Health’s relatively low margins (0.25%) and high valuation metrics (P/E ratio of 1781) suggest that it will need to continue scaling efficiently to justify its current market cap of $4.22 billion .
Recent Performance:
Oscar Health’s stock has surged by 94.6% since the beginning of 2024, closing recently at $17.81. Despite this rise, the stock remains volatile, trading nearly 24% below its 52-week high but significantly above its lows. Analysts maintain a mixed outlook, with price targets ranging from $7.50 to $28.00, reflecting uncertainty about the company’s long-term profitability.
Conclusion:
Oscar Health offers an intriguing investment opportunity with its strong revenue growth and innovative business model. However, investors should be cautious of its volatility and high valuation. While the stock has strong upside potential, it also carries significant risk, particularly if the company fails to achieve sustained profitability.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
OSCR - UPDATE! So little tells us so muchThe smallest difference such as rejecting off of orange at $18 versus teal at $17.30. These algorithms tell us everything because it tells us what is in control or at least which algorithms are fighting eachother.
Most important thing to always keep in mind and ask of the chart is:
"What do we need to disprove in order to prove our case?"
Meaning, if we're bullish based on a teal proof, our question will be:
"What do we need to disprove in order to prove teal?"
In this case, in order for teal (our bullish, controlled-selling, liquidity building algorithm) to prove control, we need to disprove our immediate strong selling orange by rejecting off of it and finding support from teal as opposed to dropping to the bottom of orange. Any sell-side hold from teal (as opposed to orange) is a bullish sign and indiciates (depending on the time frame) sufficient liquidity built.
As always, feel free to ask questions and Id be happy to post a video in response.
Happy Trading :)
Watch this and you will see the market differently! Guaranteed!*If you watch this whole video, tell me it doesn't change your perspective a little bit. It's clear as day what price needs to do to continue its healthy bullish movements - and we've identified the patterns/algorithms!
Let me know your thoughts and if this was as exciting for you as it was for me - or if you want your time back, see below
*No money (or time) back but happy to hear your feedback in the comments!
🏥💡 Oscar Health (OSCR) Analysis 📈🔍Market Disruption:
Oscar Health NYSE:OSCR is at the forefront of revolutionizing the health insurance industry through technological innovation, significantly enhancing market reach and member experience.
Expansion Plans:
In 2024, Oscar Health aims to introduce new technology-enabled plans across 165 new counties spanning 11 states. These initiatives prioritize accessibility, affordability, and personalized member experiences, aimed at driving premium growth.
Innovative Programs:
The company's +Oscar program, catering to 500,000 lives, fosters improved healthcare access and quality through innovative partnerships, such as the collaboration with Stanford Health Plan.
Investor Sentiment:
Bullish sentiment surrounds OSCR, with long positions taken by sell-side firms and institutional investors like The Vanguard Group and Millennium Management LLC. Upgraded price targets from Bank of America Securities and Wells Fargo further bolster this positive sentiment.
Robust Performance:
OSCR's performance demonstrates strength, including a remarkable 40% year-over-year increase in total health plan membership, reaching 1.44 million, and a substantial 46% revenue growth to $2.1 billion in the latest quarter.
CEO Endorsement:
CEO Mark Bertolini highlighted strong membership retention, an increased Net Promoter Score (NPS) of 60%, and improved core ratios during the latest earnings call, further affirming OSCR's positive trajectory.
Investment Outlook:
Bullish Outlook: Given these positive indicators, a bullish stance on OSCR above $16.50-$17.00 appears justified.
Upside Potential: With an upside target set at $34.00-$35.00, OSCR's growth potential in the health insurance market is poised for significant expansion.
📊🔍 Stay attuned to Oscar Health's progress for potential investment opportunities! #OSCR #HealthInsurance 🏥💼
OSCR - Beautiful (and predictable) movement again and againThere was no reason to miss this trade! But if you did, there will be more opportunities for a long entry before we retest the higher time frame white selling channel above. Look for these same controlled selling algorithms to appear before getting picked up by buying continuation (ideally yellow strong)
Happy Trading :)
- TraderDaddyOG
OSCR - Building liquidity for a larger breakout - What to look 4Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout.
See you all there!
Happy Trading :)