$OSCR is getting into the oversold territory on the RSI indicator while still maintaining its price at the 0.5 Fib at $12.93 and keeping within the dimensions of the descending wedge.
The 200 Day MA is starting to arc down too and will likely align with the wedge top line shortly, making this the important breakout level to trigger the trend reversal which looks set to move to $15.50.
The descending wedge is peaking close to the next earnings date in May, which may give a glimpse into the time horizon here but we could see a breakout before earnings and a run as $OSCR moves to profitability this year and the market starts factoring this in.
Kat
2025-03-20 21:44:16 +0000 UTCSid
2025-03-20 19:49:38 +0000 UTCJim C
2025-03-20 19:15:49 +0000 UTC