Bullish Flag for OSTK?
OSTK appears to be consolidating into a giant bullish flag drawn in blue.
On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term.
It's always possible this pattern plays out bearishly as a descending triangle, and if that happens the horizontal baseline of support will be broken to the downside; expect the red lines below to act as support areas in the event of a fake-out.
JP Morgan has filed an application with the SEC to issue notes for a new investment product.
The new basket dubbed “J. P Morgan Cryptocurrency Exposure Basket” will track the equity of publicly-traded U.S companies that are either “directly or indirectly” invested in Bitcoin and cryptocurrency-related efforts.
Overstock is one of the companies on JP Morgan's list.
On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term.
It's always possible this pattern plays out bearishly as a descending triangle, and if that happens the horizontal baseline of support will be broken to the downside; expect the red lines below to act as support areas in the event of a fake-out.
JP Morgan has filed an application with the SEC to issue notes for a new investment product.
The new basket dubbed “J. P Morgan Cryptocurrency Exposure Basket” will track the equity of publicly-traded U.S companies that are either “directly or indirectly” invested in Bitcoin and cryptocurrency-related efforts.
Overstock is one of the companies on JP Morgan's list.
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