$OSCR
Added 2025-01-11 13:18:45 +0000 UTCClear rejection at the 50 Day MA at the 0.38 Fib at $15 and the price pulled back on Friday, I have added in the green fib support levels to show where we would like to see a higher low in order to confirm a new impulse wave count.....we can see that the price finished Friday just above the 0.618 Fib, so far then we have a standard impulse wave forming now but we want to see a hold now between $13-$14 and signs of a higher high and higher lows next
This will also allow us to buy again.
If this range is not held then we will assume that a lower low will be made back down to the 0.5 Fib at $12.88 and we are moving into a very attractive range to accumulate.
Very little has changed then for this chart and the price action is moving as it should, in spite of the harsh red day on Friday.
