"OSTK - Long with a great R/R !" di ElliottWaveBelgium su NASDAQ:OSTK

trendanalysis waveanalysis beyondta ostk riskreward long elliottwavebelgium

OSTK - Good looking chart with a great R/R. It will need to be managed if it advances so that we know if this is a 3 waves move or the start of a new bullish impulsive wave.

The red 200MA and the lila anchored VWAP need to be broken for this to have a sustained move higher.

Commento:

I'm long this one but beware, we could actually get a Flat correction here meaning the rise we are seeing is just wave b of the said Flat wave ii !

I actually would love that to be the case, even if I get stopped out because that would give a fantastic long opportunity with minimal risk !!!

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.