The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-05-07 12:25:58 +0000 UTCFirst thing to remember: You are in at the basement level, please don't forget this part.
Our last add was along the $13 line and we waited patiently since Xmas day for this earnings to deliver.
And in hindsight, waiting 5 months for a stock to reverse should not be difficult...especially when it strictly follows our chart and stayed in the bullish descending wedge and allowed us to accumulate.
We were also fortunate to speak directly to the Co-Founder and Chairman and he addressed all questions we had professionally.
Something I will continue to do with other companies we cover.
Price has bounced +24% post earnings so far and sitting at +16.5% right now and this is also the 0.38 Fib at $15.40, having held on the 0.5 Fib for most of 2025.
The 50 WMA is slightly above at $16.20 too.
So the bullish move today would be a hold above the 0.38 Fib or the 50 WMA at $16.22 but all I need to see for the next few sessions is staying on the outside of the wedge at $14.10.
Converting this level to support will encourage more buyers, gives us a higher low and the start of a new impulse.
This will attract more buyers and give you another buy entry.
I believe this can be the start of Primary Wave 3 and my target is always the 1.618 Fib which is at $46.
Comments
Kad
What a move today! The next adding opportunity would be testing of the wedge breaking point from above ?
Jinx
Thanks.
Julian
Loved the earnings call.
Sid
Thanks a ton, CAP!!!❤️❤️❤️❤️
Bercan
I wont be touching this position other than maybe adding at the wave 2 test of 14
