Oscar Health, Inc.
Long

OSCR forming a Double Bottom – Bullish Reversal Potential

89
NYSE: OSCR - Oscar Health shows a potential double bottom, with a force bottom likely clearing stop-losses. Price has reclaimed key support, and stochastic is turning up, suggesting early bullish momentum.

Despite earnings missing estimates, the stock closed strong above support — a positive reaction to bad news. Risk and reward looks favorable at current levels.

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.