Yesterday was a ride.
From -12% in the PM to +7% after the opening
We have a 3 Wave pull back now complete
Price held in between the 0.618 Fib and 0.78 Fib levels
Back above the larger 0.38 Fib
And back above the 50 Day MA on the daily chart
Left a very bullish reversal candle at the opening too
For these reasons we added yesterday and although we don't have a higher high yet, that was a big test for $OSCR and the market saw the earnings report for exactly what it was, a company making serious progress and being undervalued....which I highlighted yesterday, their Cash reserves and investments are substantial.
Let's see if $OSCR can make its way back to the 200 Day MA again at $17.50 next.
Dylan Cooper
2025-02-06 19:32:06 +0000 UTC