NokiMo
The Long Investor
The Long Investor

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$OSCR TOP 10

$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.

$OSCR TOP 10

Comments

Thanks cap! I went ahead and did a small buy today around 16.40. For me the 90 cent different from a potential ABC back to 15.50 is nominal and I’d happily add again if it gets there. Thanks for your continued guidance and analysis of the charts!

Garrett A

Yeah. I did same with HIMS, trimmed a bit after thinking about just letting it run. And HIMS is known to have pretty big moves.

safoo

The higher subwave 5 goes the more the ABC targets move up too right? This is a big lesson for me from the HIMS squeeze. Kept selling (too much) and thought the previous lower abc targets were still in play

Chris H

Thank you so much for the update, CAP!!!❤️❤️❤️❤️❤️

Sid


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