The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-05-09 10:32:40 +0000 UTC$OSCR finished green yesterday and was up over +8% at the opening at $18.27 but faded during the day as some traders took profit, price is up again in the PM and still holding its strength since the +30% bounce post earnings.
The strong +30% climb looks like subwave 3 to me, as we get on a Subwave 1 and Subwave 2 leading up to earnings.
So I do expect a subwave 4 to come in shortly and then move higher to complete subwave 5.
I do not suggest playing these subwaves right now.
I would be interested in adding again after the abc completes which will always follow subwave 5 completing.
Right now it is too early to confirm where that will be
But the 200 Day MA at $15.90 is typically a good area to aim for.
Right now the 200 Day MA is also close to the 0.38 Fib for subwave 4, making this a suitable level to retest first.
Comments
Matt
Very happy to have followed your call on this x
Sid
Thank you so much, CAP!!!❤️❤️❤️❤️
