$OVTZ Bouncing off support #OVTZ currently hit support line. Lets see if it holds or bounces. Possible double bottom in the making
OVTZ trade ideas
(OVT 1D) OCULUS VISIONTECH INC At a very interesting level! Oculus Has just made high of $1.30, in an uptrend we make higher highs and higher lows.
Looking to get in on a pull back or break out of $1.35 and then wait for a retest of previous resistance
KEY LEVELS:
SUPPORT - $0.65
MORE SUPPORT - $0.50
RESISTANCE - $1.35
ALL TIME HIGH - $2.00
This is INVALID if we break below $0.50, I'll keep my eye on this for the whole year and see if we can squeeze some profit out of it.
A pull back to $0.60 or $0.70 is ok as long as we hold MAJOR support at $0.50
Happy Trading
OVTZ Mega Bullish Cup and Handle (Oculus Visiontech)Longing OVTZ from 0.914 to 8.02
Bullish Cup and Handle pattern
Bullish Volume increase
Bullish RSI divergence
VPA 5 Triple Uptrend confirmation
Taking profit around Fib 1.618
Usually Cup and Handle target is the depth of the cup added to the handle,
but i will be taking profit around the previous peak of 8.3, because i'm expecting resistence there.
Input pleaseJust starting to learn this symmetrical triangle flag pennant pattern, but it seems to be super common in penny stocks that are starting to grow and gain traction. What I like about this setup is that this stock is starting to become more well known and it had a surge with a period of consolidation that is happening now. It is also hovering below the 21, 50 and 100 day moving averages in the 1 month and 3 month views. I picked up some more of this today. It seems like this is a common pattern with bullish penny stocks.
Oculus Vision w43 2020. Wait for UP to 0. 88 Monhly
Flat
Weekly
Flag
Daily
Uncertain move.
Due to it gaming and VR industry sooner it will be Bulish market and Up Move.
From 0.24 to 0.88
The company is too weak financially to bet on that now.
maybe in 2021-2022 when it will have suessful projects
But it defietley has potential
