When the Price of Overstock.com OSTK Talks, People Listen

Longer Term Trading Plans for OSTK
  • Buy OSTK slightly over 13.64 target 26.46 stop loss @ 13.6 Details
  • The technical summary data tells us to buy OSTK near 13.64 with an upside target of 26.46. This data also tells us to set a stop loss @ 13.6 to protect against excessive loss in case the stock begins to move against the trade. 13.64 is the first level of support below 24.62 , and by rule, any test of support is a buy signal. In this case, support 13.64 is being tested, a buy signal would exist.

  • Short OSTK slightly under 26.46, target 13.64, stop loss @ 26.54 Details
  • The technical summary data is suggesting a short of OSTK as it gets near 26.46 with a downside target of 13.64. We should have a stop loss in place at 26.54though. 26.46 is the first level of resistance above 24.62, and by rule, any test of resistance is a short signal. In this case, if resistance 26.46 is being tested, a short signal would exist.

Swing Trading Plans for OSTK
  • Buy OSTK slightly over 26.05, target 26.46, Stop Loss @ 25.97 Details
  • If 26.05 begins to break higher, the technical summary data tells us to buy OSTK just slightly over 26.05, with an upside target of 26.46. The data also tells us to set a stop loss @ 25.97 in case the stock turns against the trade. 26.05 is the first level of resistance above 24.62, and by rule, any break above resistance is a buy signal. In this case, 26.05, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short OSTK slightly near 26.05, target 23.29, Stop Loss @ 26.13. Details
  • The technical summary data is suggesting a short of OSTK if it tests 26.05 with a downside target of 23.29. We should have a stop loss in place at 26.13 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 26.05, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for OSTK
  • Buy OSTK slightly over 25.21, target 26.05, Stop Loss @ 25.15 Details
  • If 25.21 begins to break higher, the technical summary data tells us to buy OSTK just slightly over 25.21, with an upside target of 26.05. The data also tells us to set a stop loss @ 25.15 in case the stock turns against the trade. 25.21 is the first level of resistance above 24.62, and by rule, any break above resistance is a buy signal. In this case, 25.21, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short OSTK slightly near 25.21, target 24.19, Stop Loss @ 25.27. Details
  • The technical summary data is suggesting a short of OSTK if it tests 25.21 with a downside target of 24.19. We should have a stop loss in place at 25.27 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 25.21, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

OSTK Ratings for November 24:

Term →Near Mid Long
Rating Weak Strong Weak
P1 0 0 1.97
P2 24.19 23.29 13.64
P3 25.21 26.05 26.46
Triggers may have already come
Real Time Updates for Repeat Institutional Readers:

Factset: A username and password has been assigned to repeat institutional readers of our research though the Factset Portal. Use that for direct access, so you can get real time updates for OSTK.

Bloomberg, Reuters, Refinitiv, Zacks, or IB users can obtain these same updates by using the link below, and selecting a username and password manually.

Instructions:
  • Click the Get Real Time Updates button below.

  • In the login prompt, select forgot username

  • Type the email you use for Factset

  • Use the user/pass you receive to login

  • You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Price Based + Macro = Get an Edge on the Competition
  • Price matters most to making good timing decisions, and the MACRO picture defines how restrictive you need to be with entry levels. Together, these are powerful.

  • Review our Global Liquidity Report from December 2021 to see how our Macro work can foretell future market conditions. Look for the word “Volatility.”

Our Market Crash Leading Indicator is Evitar Corte.
  • Evitar Corte warned of market crash risk four times since 2000.

  • Using the FOMCs Monetary Policy as a key variable in the quant.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It also offered a warning prior to that period of time in 2019 when overnight lending spiked to 8.5%, but that amounted to nothing, and the conditions to become exposed resurfaced in Oct-Nov 2019.

  • It identified the Corona Crash too, and protected investors from 21% of that loss.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change: Take a Trial

Chart of OSTK with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


OSTK Long Term Analysis for November 24 2022

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Overstock.com (NASDAQ: OSTK) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for OSTK can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports

Graph of Evitar Corte vs S&P 500

AD