NASDAQ:OSTK broadening wedge forming. I think it will go up eventually. Related names: OTC:OSTKO COINBASE:BTCUSD KRAKEN:XTZUSD NASDAQ:EBIZ AMEX:ONLN NYSE:W
As much as shorts will have you believe that there is no reason for them to be concerned they are already covering and the number of shares sold short is down 17% from the highs. Not covering here near the golden cross, 9% above the 200-day MA is very risky even from a TA perspective. Additionally, the date of record on the new dividend is only 24 trading...
This is an entry opportunity, perhaps a little sooner than expected. Regardless of Patrick Byrne's public statements which may have created some concern even though they are unrelated to the company, ultimately this looks like a backtest of several levels of support which were previously resistance. The ADX and DI are still solidly in favor of the bulls for the...
As mentioned in the chart linked below $OSTK has a lot of momentum to the upside and yesterday's earnings call just reinforced this right as it breaks through weekly cloud resistance. Typically this indicates that there will be a continuation to the upside. I expect to see the price break 30.15 over the next few weeks and don't expect there to be much resistance...
$OSTK has a lot of momentum to the upside and yesterday's earnings call just reinforced this right as it breaks through weekly cloud resistance. Typically this indicates that there will be a continuation to the upside. I expect to see the price break 30.15 over the next few weeks and don't expect there to be much resistance beyond that until around $39.50...
Whoa, this may end up going Very, Very, Very Parabolic in the next few years.