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#OSTK trade idea, looking for reversal pattern

Looking for support on the longer term lower trend line above 61.31
Id look at the trend line above it for a new resistance area until a possible squeeze above 71.33
A tight stop would be 59.11
and lower stops would be 55.12 or 50.85 depending on your time frame.
Watch for volume to pick up with a RSI on the up. I dont expect this to be a quick play and i would definetely scale in because we could see more downside.
The antagonist i would expect to perhaps trigger a continuation of that original trend would be heavy volume at the squeeze.
Id look at the trend line above it for a new resistance area until a possible squeeze above 71.33
A tight stop would be 59.11
and lower stops would be 55.12 or 50.85 depending on your time frame.
Watch for volume to pick up with a RSI on the up. I dont expect this to be a quick play and i would definetely scale in because we could see more downside.
The antagonist i would expect to perhaps trigger a continuation of that original trend would be heavy volume at the squeeze.
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discord.gg/2b6UjxEY
Join our free discord.
Join our free discord.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。