The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-04-29 10:29:28 +0000 UTCWe do have a higher high and higher low since the last test of the descending wedge bottom line.
Price is moving up to the 0.5 Fib at $12.86 in the PM now.
We know this is an important level because it offered support throughout March and April, during really turbulent times for the market but eventually lost support as the market sell off continued.
Recapturing this level and another attempt at breaking out of the wedge can be made....this appears to be aligning with earnings too next Weds.
We may see buyers adding here with anticipation of a positive beat, considering how much this has already pulled back and the bullish descending wedge set up.
Comments
Kat
Always a big thank you for this!
Julian
This baby is ready to fly as soon as the market allows
