OSTK beats EPS estimates (again) and this one is eyeing for breakout mankind hasn't seen before!!! Get long or gtfo!
OSTK's earnings are fast approaching, it'll be interesting to see if there's any bullish momentum from the numbers. Since early January this year up until today, the blue upward sloping support of the pattern has held forming a series of higher lows & an Ascending Triangle. On the KST there's a bullish cross where I've placed the blue finger. The DMI is...
Luna is currently in an accumulation phase before the next leg up! The next target is $25 when markets stay good. Fundamentals are better than ever.
OSTK appears to be consolidating into a giant bullish flag drawn in blue. On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term. It's always possible this pattern plays out bearishly as a descending triangle, and if that...
Temporary failure to launch. Landing pad approaching on either of the lines below, today marks a great entry if you're not aboard. I like a large opening position here at the 66-70 range. Save dry powder for a potential 58 blip or below to lower triangle and/or 200-smma. Lock and load!
Short term power failure on E beat because your bags are too heavy. Upgraded to bigger rocket. 💎🤲 = 🚀🌙
Has consolidatied since September and has since bottomed, and recently broke the $85 resistance, is above the VWAPs from the lows and the August high, has earnings coming up, is coming off a massive volume shelf, and it's positively correlated with tZero, which has also bottomed and is coming out of that. OSTK has a cycle and huge structure which can go up...
NASDAQ:OSTK had an breakout of an inverse head and shoulders pattern. If the line holds it's worth a long position. Long-term this is a long anyway. Related tickers: OTC:TZROP OTC:OSTKO
On the KST there's a noticeable bullish cross where I have placed the blue finger. On the RSI there has been a higher high for the first time since the blow-off top in the middle of August, rather bullish in my opinion.
Since my previous post on OSTK linked to this chart we have seen some support on the KST & a bounce back into the descending channel. Where I had a question mark before on the KST is now another blue finger icon representing a micro bottom. The RSI has additionally bounced back into what was a descending triangle, it's possible we see this play out as a bullish...
It appears as though a Head and Shoulders on the RSI & KST has already played out to the downside, notice the blue Descending Triangle with the red colored lines representing the H&S on the RSI. Investors should acknowledge that the previous CEO of Overstock was great friends with Warren Buffett and spoke with him privately before departing the company. I find...
Keep an eye on the KST, if the price continues rising but there is no higher high on the KST or the RSI there will be a double bearish divergence formation. KEY TAKEAWAYS of Ascending Triangles. The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price...
Overstock appears to be trading in a bullish flag or a descending triangle, notice the downward red line of sloping resistance & the green horizontal line represents the baseline of support, but if breached this pattern is likely a descending triangle. If the descending triangle plays out I'd expect to see the blue upward sloping line potentially act as...
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
It appears as though Overstock has formed a nice rounding bottom, which is now turning into a Cup & Handle potentially.. There's a few bullish indicators & even more so there's Macro events taking place with blockchain in China that are likely going to take this stock to new All Time Highs. tZERO said Hong Kong-based private equity firm GoldenSand Capital...
NASDAQ:OSTK is forming a cup and handle pattern
It appears as though $OSTK is holding support above the 200 Day MA & potentially trading in a Ascending Triangle. The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the...
People got overly pessimistic on OSTK, taking it down to $6.60. Q4 should look a lot better judging by housing numbers and positive retail indicators.