Long
(8)OSTK Long
Looking like bottom is in looking to hold S at $19 and 50 day MA and holding above 50RSI. Stock has good swings and its interest in blockchain/Tzero news could introduce hype over the next year or 2. good R/R
If I get a good intra day entry around 19 would reduce risk greatly(higher stop)
at this point looking for a wick down to 19 and to maintain trend
If I get a good intra day entry around 19 would reduce risk greatly(higher stop)
at this point looking for a wick down to 19 and to maintain trend
Note
Looking at similar price action, break of 50MA and held, testing 200MA and break out
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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.