Could be some quick short-term upside to $16
Broke above AVWAP from most recent high and is holding above 5DMA. Rising 20 and 50DMAs with 20DMA above 50DMA.
Hello again! Taking a light long in CDN stock OVV at 17.40 with a target of 18.20! Great bullish divergences all around!
This indicator may be signaling that OVV's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. Tickeron A.I.dvisor backtested 87 similar cases where OVV's Momentum Indicator exceeded 0, and 74 of them led to a successful outcome. Odds of Success: 85%....
It is showing nice upward trend. As it going to touch the $13.50 by the month of November or by Mid December. So All the long traders / investors go for it. The Analysis is done based on chart technical analysis and fundamental analysis
Very simple OVV set up. Close the gap and push down with oil. Ready for next leg up after covid
Support Line: 14,79 Fibonacci: - Retracement line at 0,236 - Resistance line at 0,382 MACD: Bearish in hourly chart Bullish in weekly (FOLLOW UP) RSI: Bullish on weekly chart Chaikin Oscillator: slightly bullish Stochastic RSI: bullish (gives buy point) EMA 7: slightly above the candle so bearish Choppy: enters a trend...
sold all long position. Ready to jump in later
What I see... + Price broke above Cup and Handle patter last week but bot pulled back + Found support from the rising 10MA + Earnings provided further support + RSI at 57, bouncing off of 50 + MACD is neutral but above signal line + Hammer-like bar with rising vol. + 10MA has just crossed upward - Both fast MAs are still below the 200 MA - Down trend stock; may...
OVV - Looks strong! Lots of buying from $15 in February all the way down to $2.45 in March from multiple insiders. Stop 4.83, Looking for a break above $6.03. First target 11.43, Second Target 13.93.
T1: 7.81 T2: 9.5 just sharing my view. its not a recommendation for buying or selling
Not my usual technical analysis. This is a buy & hold.
03/31 while the co. is operated out of Denver it changed listing from Canada to US recently, come 3/31 the US index funds will have to re-balance and include OVV, while probably some of the sell off is from Canadian funds getting out.