Momentum Stock: Overstock (OSTK)

September 7th, 2007 • Related • Filed Under




Overstock OSTK

The downward pressure is finally over and the technicals confirm we have a buying situation here. There will be some volatility on this one. In my estimation, the ride up will be a mirror image of the activity seen over the past two years.

Our Recommendation: Buy shares of OSTK near $22.67. Place a stop loss at $19.75.

Good investing…

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