Long | OTICNASDAQ:OTIC
Possible Scenario: LONG
Evidence: Price Action, Bullish candlestick
TP1 ~6.5$
* 20% Profit
This is my idea and could be wrong 100%
OTIC
OTIC - Breakout Long trade from $6.10/$6.33 to $7.93OTIC looks like its just brekaing out its Moving averages & Picking up volume. We think it will continue from here, however for confirmation we would like to see the break out of $6.33.
* Trade Criteria *
Date First Found- January 11, 2018
Pattern/Why- Breakout Long trade
Entry Target Criteria- Break of $6.33; Aggressive entry at current price ($6.10)
Exit Target Criteria- Short term target $7.93
Stop Loss Criteria- $5.73
Indicator Notes- Strong Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
