*important consideration:This analysis was strictly from price action, chart patterns, and MA analysis. I did not consider any internal indicators, which tell or support their own story, separately.
OGN #OGN Day of Reckoning 🐮 Case 1. Holds sma 50 & bounces @.97cents 2. Holds sma 200 & bounces @.90 cents 🐻 Case 3. Loses sma 200 @ .90cents 4. Completes neckline of H&S @.84cents 😬
+ current bull market, 5. golden cross on 11/18, and price action currently above the 200sma - multiple ema x bearishly Is OGN🐮 or a 🐻?
6. Could we get a bounce, uptrend, recovery and a way we go like at the end of October where price action was generally more bearish under both the 50 and 200 SMAs? Possibly...
*Not financial advice
거래청산: 타겟 닿음
Chose Bear and an abrupt downtrend after it completed the neckline on the H&S.