$OSCR is very similar to $HIMS right now, also had a shallow subwave 4 and now breaking for a higher nigh and in subwave 5 now.
Shallow subwaves can happen when catalysts move the market.....and a trade deal can be one of those catalysts.
The standard fib level we use for any wave 5 is the 2.618 Fib....but I have added in the higher extended fib levels in case there is a rush here from buyers.
We do know how severely this is undervalued.
So again, I am doing nothing here until I see subwave 5 complete and rejection and I may consider a trim before adding again on the pull back.
But very happy to let this run too.
Right now a retest of the 200 Day MA at $15.50 would be expected from a subwave abc correction after subwave 5 completes.
Garrett A
2025-05-12 14:52:24 +0000 UTCsafoo
2025-05-12 13:30:51 +0000 UTCChris H
2025-05-12 12:57:34 +0000 UTCSid
2025-05-12 12:13:07 +0000 UTC