Thread: OTIV - cup and handle continuation setup

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  1. #1

    Default OTIV - cup and handle continuation setup

    Chart says it all. Good Luck if you play.

    OTIV.jpg

    I have no current position, but traded OTIV in November and may trade it again if breaks over the top of the range this week.
  2. #2

    Default

    OTIV back in play if breaks consolidation over 3.10. Nice continuation setup after the reversal on August 28th.

    3.10 key spot for next leg up. Went to mid-4's last run back in January after chart posted above. Mid 3's first target for now, then we'll see how the action plays out. Risking .20 cents if breakout fails.

    OTIV.jpg

    "The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to
  3. #3

    Default

    Sold half 3.80's pre-market into this news pop. Letting rest ride, see if can't get 4's or higher later.
  4. #4

    Default

    Sold more OTIV here, 4.70's, still 1/4 position left

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