Triple_Barrel_Capital

$OLLI Overbought - Hanging Man Candle

Short
NASDAQ:OLLI   Ollie's Bargain Outlet Holdings, Inc.
$OLLI Overbought - appears to be topping out on low volume forming a hanging man candlestick today. RSI up close to 90. MFI topped out last week and is already turning down, diverging from price.

Expecting a near term correction out of overbought territory. Targeting mid-80s within 1-2 weeks.




Note: Informational analysis, not investment advice.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.