Besides being part of the AI narrative, ORAI is showing some buy signals. It has been victim to some downward price action for awhile now and is due for a PUMP.
It has fallen out of its descending channel but bounced off previous support. Measured move is showing possible 24% gains, but it could go for more if the market gets hot again.
MACD has bullish crossover
RSI flashing buy signal.
Good risk to reward ratio.
It has fallen out of its descending channel but bounced off previous support. Measured move is showing possible 24% gains, but it could go for more if the market gets hot again.
MACD has bullish crossover
RSI flashing buy signal.
Good risk to reward ratio.
Note
Note
Its approaching the target. Will it break through? or will it retrace to the bottom of the channel?
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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.