Oscar Health
OSCR has pulled back into a logical area of support after a strong breakout in June. While the aggressive move may be over, this trade still offers solid upside with controlled risk.
๐ Technical Breakdown
Price is basing above the cloud with a clean series of higher lows.
Ichimoku: Trend remains bullish, and price is holding the Kijun-sen.
MACD not shown, but momentum has stabilized after the initial thrust.
๐ฏ Trade Setup
Entry: ~$16.60
Target: $21.62 (+30.33%)
Stop: $14.40 (โ13.29%)
Risk/Reward: 2.28 โ attractive given current market conditions
This is a measured continuation setup โ not aiming for the moon, just a reasonable trend extension.
๐ Technical Breakdown
Price is basing above the cloud with a clean series of higher lows.
Ichimoku: Trend remains bullish, and price is holding the Kijun-sen.
MACD not shown, but momentum has stabilized after the initial thrust.
๐ฏ Trade Setup
Entry: ~$16.60
Target: $21.62 (+30.33%)
Stop: $14.40 (โ13.29%)
Risk/Reward: 2.28 โ attractive given current market conditions
This is a measured continuation setup โ not aiming for the moon, just a reasonable trend extension.
Trade closed: stop reached
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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.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.