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Long
Updated

OSTK: WEDGE BREAKOUT SET UP

218
OSTK 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.

Note
Next resistances at 65, 68 and 70
Note
Price currently backtesting the breakout zone around 57, giving you a good entry with a stop below 57.
Note
Approaching 1st target
Note
95 next
Note
the price has almost doubled since the breakout
Elpidaldo
Also on:
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breakoutbreakoutsignalFibonaccilongsetupOSTKtradeideaTrend LineswedgebreakoutWedge
Elpidaldo
Also on:

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.