The Long Investor
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$OSCR
🕑 Added 2025-02-04 11:31:09 +0000 UTC$OSCR reports after the close today and the set up is certainly there.
Price is in the middle of subwave 3 and above the 50 Day MA at $15.46, a good earnings and I believe this has no issue breaking above the 200 Day MA and hitting the 1.618 Fib and likely overshooting it
A bad miss and there could be some pain and we could be looking at a drop down to the 0.5 Fib again at $12.88....or even worse, a drop down to the 0.618 Fib to complete a standard pull back.
For me, I am happy to buy between $10 - $17 because of the potential here but equally I am ready for this to start moving higher now and will add again when the 200 Day MA gets converted to support.
We do need a clean report today and there has been bullish momentum leading up to this date.
