The Long Investor
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$OSCR TOP 10
🕑 Added 2025-05-12 10:35:23 +0000 UTC$OSCR is very similar to $HIMS right now, also had a shallow subwave 4 and now breaking for a higher nigh and in subwave 5 now.
Shallow subwaves can happen when catalysts move the market.....and a trade deal can be one of those catalysts.
The standard fib level we use for any wave 5 is the 2.618 Fib....but I have added in the higher extended fib levels in case there is a rush here from buyers.
We do know how severely this is undervalued.
So again, I am doing nothing here until I see subwave 5 complete and rejection and I may consider a trim before adding again on the pull back.
But very happy to let this run too.
Right now a retest of the 200 Day MA at $15.50 would be expected from a subwave abc correction after subwave 5 completes.
Comments
Garrett A
Thanks cap! I went ahead and did a small buy today around 16.40. For me the 90 cent different from a potential ABC back to 15.50 is nominal and I’d happily add again if it gets there. Thanks for your continued guidance and analysis of the charts!
safoo
Yeah. I did same with HIMS, trimmed a bit after thinking about just letting it run. And HIMS is known to have pretty big moves.
Chris H
The higher subwave 5 goes the more the ABC targets move up too right? This is a big lesson for me from the HIMS squeeze. Kept selling (too much) and thought the previous lower abc targets were still in play
Sid
Thank you so much for the update, CAP!!!❤️❤️❤️❤️❤️
