Buy $OSTK - NRPicks 14 Mar
Updated
Overstock.com, Inc. operates as an online retailer in the United States. It operates through the Retail, tZERO and Medici Ventures segments. The company offers furniture; including area rugs, bed and bath linens, home improvement, kitchen and dining room items, and other related products.
Among the most recent to Overstock, we have tZERO, a leader in blockchain innovation and liquidity for digital assets, announced an agreement with Realio, a technological ecosystem for institutional-grade digital assets. This partnership will connect Realio's global network of real estate and private equity issuers, with an existing portfolio of more than $ 300 million in assets to be tokenized, with the TZERO ATS.
Overstock is a very volatile company that tends to repeat patterns, coming off a 49% drop in the last few weeks. We observe a possible continuity in its 18% rebound for the week.
Technical:
- Bounce at MA50
- Average RSI levels
- MACD Level (12, 26) 13.42
Among the most recent to Overstock, we have tZERO, a leader in blockchain innovation and liquidity for digital assets, announced an agreement with Realio, a technological ecosystem for institutional-grade digital assets. This partnership will connect Realio's global network of real estate and private equity issuers, with an existing portfolio of more than $ 300 million in assets to be tokenized, with the TZERO ATS.
Overstock is a very volatile company that tends to repeat patterns, coming off a 49% drop in the last few weeks. We observe a possible continuity in its 18% rebound for the week.
Technical:
- Bounce at MA50
- Average RSI levels
- MACD Level (12, 26) 13.42
Trade closed: stop reached
25 Mar
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