OKLO Type: Swing/positional
Timeframe: 4H
Style: No stop-loss, technically driven
Target: 69.50
Risk: Moderate (earnings volatility risk)
Overview:
Oklo is forming a bullish continuation pattern after consolidating above the 55.00 support area.
The price has broken above the Bollinger Band basis and reclaimed the 61.78 resistance zone.
Stochastic shows overbought conditions, but the trend remains strong.
The volume profile reveals a low-resistance zone up to ~69.50, offering clean air for upward momentum.
Entry Zone:
• Entry near 62.2 (market price)
• The setup remains valid while price stays above ~61.5
• Upcoming earnings (July 19) may act as a catalyst
Target:
• Take Profit: 69.50
Expected move: +11%
No Stop? Then Watch Closely:
Soft invalidation if price breaks below 59.50 (4H close)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.