ODD – 6-week Stage 2 flat base, Hammer reversal, Tight MA'sODD – Oddity Tech Ltd.
Setup Grade: B-
• Entry: $72.31 (7/15)
• Exit: $71.04 (7/17) → Loss: -1.75%
• Setup: 6-week Stage 2 flat base, 30% depth. Hammer reversal off 50DMA. Tight MA cluster (10/21/50DMA). Accumulation volume.
• Reason for Exit: Lacked follow-through. RSI falling. Sideways structure vs. rising market. Freed capital.
• Plan: Watch for fresh setup with RS improvement.
ODD trade ideas
ODD Flat Base (Stage 2) – Support ReversalOddity Tech Ltd. ( NASDAQ:ODD )
🚀 Entry: $72.31
📊 Setup: Flat Base (Stage 2) – Support Reversal
🛑 Stop: $69.05
🎯 Target: $89.50
🔑 Why I Entered:
Solid 6-week flat base (~13% depth) with a bullish hammer candle reversal off the 50-DMA and key support.
Moving averages (10/21/50 DMA) are coiling tightly, indicating a potential breakout.
Strong institutional accumulation signals backed by increasing volume.
Exceptional fundamentals: EPS growth at 79%, RS Rating at 95, Composite at 97 (per IBD).
🎯 What's Next:
Watching for a decisive breakout above the $79.18 pivot on high volume for a potential scale-in.
Earnings due in two weeks—staying vigilant for any unusual volatility ahead of the announcement.