It is interesting to me that the price dipped at all. It looks like many traders are confused about the meaning of what an MOU is. Donald Trump recently was confused about it when the term was being used for the document spelling out the trade agreement with China.
Regardless of that, it looks like the wider ABC corrective wave is now complete and found support on the cloud a second time at $17.25.
The chart above shows what the next impulse wave may look like while folks digest the impact of a $100 million investment in Overstock subsidiaries tZERO and Medici Ventures leading up to earnings.
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