The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-03-28 19:02:02 +0000 UTCDifficult day for the market today after Core PCE came in hotter than expected and now the FED's job has become a little harder
Trump will want the FED to reduce rates but the economy is still staying strong which makes it counterproductive to cut rates.
The spanner in the works I believe is that people need to work two or more jobs just to keep up with high inflation and the cost of living....which is a bubbling issue that is not sustainable.
Any position that is maintaining its structure right now is doing well as the market is certainly under pressure.
$OSCR has done well to stay in the descending wedge here and above $13
As long as the market is uncertain then $OSCR can stay in this scenario.
Every single investor in $OSCR is aware of this wedge and its dimension, nobody is guaranteed that the moment you buy a stock price it should break out and go higher
You have a strategy and you execute that strategy
And I am happy with my position, certainly in the wedge and to the 0.618 Fib at $10.36, which was communicated on Christmas day, none of this is new information.
We need the market to give us some relief and I believe $OSCR will react accordingly but until then, we play the cards we are dealt
$OSCR is still slightly green for the year, which is somewhere a lot of people would be happy with now.
Comments
Martechnic
Unbelievable strength from OSCR during these times.
Sid
CAP you had mentioned in one of the replies on X that OSCR might be near end of ABC correction. Could you kindly let me know if I got the theory correct? On a 1D chart does start of WaveA could be the price at IPO, rock bottom of the stock around $2 could be the start of Wave B and recent 54 week high could be the end of WaveB and the start of WaveC and WaveC currently trying to find bottom which either could be now or bottom of the wedge or at 0.618 fib level $10.36 to kick of new wave in to $23.5 and then $44???
DTrades
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Luis F
Congratulations for this position so far
Sid
CAP, do you think if market is going for wave A and then wave B, can we get $10.36 as part of Wave A and then wedge break out level would be Wave B??? But WaveB traget price depends on how deep we go in to the descending wedge…?
Sid
Thank you, CAP!!! Staying strong.❤️❤️❤️❤️
