ODP- Very bullish - possible pullback Buy the bounce
ODP is extrmemly bullish and by all indications is due for a pullback- First the Ossilators are ready to roll over soon. We have traded inside the BB the last few days. And there is another one of those rising wedge. Also @ 9.16 is a strong resistance.
There is a bullish trade but needs to close above 9.16-
I would not jump in Bearsih based on ther indictators- If the market starts to turn bearish & Should wait for reversal signal either on the hourly or daily.
My trade is wait for pullback to the 8 or 20 buy the bounce.
There is a bullish trade but needs to close above 9.16-
I would not jump in Bearsih based on ther indictators- If the market starts to turn bearish & Should wait for reversal signal either on the hourly or daily.
My trade is wait for pullback to the 8 or 20 buy the bounce.