Daily chart, the stock
OLFI is preparing to beat the resistance line R and breakout.
Closing above resistance line R for 2 days (above 16), the target will be 19, then 23
Technical indicator MACD is positive, and RSI is near over-bought (so some minor correction may happen around the breakout level.
Consider stop loss below the line S or below 14.1
Closing above resistance line R for 2 days (above 16), the target will be 19, then 23
Technical indicator MACD is positive, and RSI is near over-bought (so some minor correction may happen around the breakout level.
Consider stop loss below the line S or below 14.1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.