$OSCR has been holding support on the $13 level since the start of November '24 now and this level has been tested on 4 different occasions, we know the significance of this level as it is the 0.5 Fib since the high in Sept. We want the price action to start moving away from the $13 level now and start moving back up to the wedge top line where we can see the 50 and 200 Day MA's converging at around $15.50.
The RSI on the daily chart is close to oversold territory and has started to curl slightly upwards after a week of holding at $13
If the market starts moving well this week then $OSCR could also move higher too and start challenging the breakout level at $15.50.
Joey Bone
2025-03-24 14:14:37 +0000 UTCKat
2025-03-24 14:05:33 +0000 UTCGareth Neary
2025-03-24 13:54:34 +0000 UTCJoey Bone
2025-03-24 13:51:56 +0000 UTCSid
2025-03-24 13:03:28 +0000 UTCFederico Salerno
2025-03-24 12:04:12 +0000 UTCMartin
2025-03-24 11:37:40 +0000 UTCDTrades
2025-03-24 11:36:00 +0000 UTCToby Mallon
2025-03-24 11:32:13 +0000 UTCJack Man
2025-03-24 11:29:24 +0000 UTC