$OSCR's flush down yesterday was a little unexpected but it has offered a great opportunity now for us and may have brought the ABC pull back forward a few weeks.
This ABC pull back has been steep, which leads me to believe that it is not Wave 4 but the ABC we were waiting for after Wave 5....so I have added this as a possibility on the chart
And if you are just new to reading charts, you will likely find this a bit confusing but here is the simple meaning:
We expect to bounce next, once support is held.
Either for Subwave 5 to $18.94 or we start Wave 3 to $26 at the 1.618 Fib.
All we need to see now is support held on the amber support levels or above the yellow wedge.
A hold above this level and it is a Buy, a very clear Buy.
Nothing has changed since the Earnings Report, no new news articles and no change to the fundamentals.
Do not get distracted here on the big picture.
I do not care if we are in Subwave 4 now or Wave 2, both mean that we move higher once support is held and most importantly, it means that we are moving in an impulse wave.
$OSCR gets a lot of attention in our chat group, I want minimum chat about this in the group....everything you need to know is on the chart and under it in this commentary.
Anyone spamming the chat group about $OSCR will be muted for 24hrs and we will have zero tolerance approach to this.
I will share my Buy Alert when I add again.
Chad Gainz
2025-05-22 15:50:55 +0000 UTCKat
2025-05-22 14:54:46 +0000 UTC