OSCR Health Bull pennant formingWe are forming a daily chart bull flag pennant on OSCR. With the recent 5-5.5 rise in this stock look for a continuation to probably 22-23 range if we break resistance at 18.5
OSCR trade ideas
Clear trend upI see the trend is up after the earnings and I noticed the CEO bought +57,300 shares which indicates to me they know something. I'm going to say this stock may rebound back to the $34 range.
OSCR may have hit bottomI'm liking the volume the past 3 days. Could be reversal time.
Got a long position at 13.13. Looks like it's already up 1.5% just in the time I drew the chart out
$OSCR is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea
Oscar Health is tech-enabled medical insurance provider.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $36;
stop-loss — $37,70
take-profit — $31,00/MOC price
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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