Over the last two weeks, OCEAN has seen some nice bullish moves. However, these moves have failed to pierce through the top dynamic resistance level, causing a minor bearish correction after.
However, these bearish bounces from the support have been getting less intense and are quickly bought up by investors. This pattern is an indication to me that we will soon see a big move through this resistance area. Be patient and wait for the break out to occur.
Investors have been eager for this move, so once it comes it will be a big move, potentially targeting $2 in a couple of days after the initial break out.
Happy trading!
However, these bearish bounces from the support have been getting less intense and are quickly bought up by investors. This pattern is an indication to me that we will soon see a big move through this resistance area. Be patient and wait for the break out to occur.
Investors have been eager for this move, so once it comes it will be a big move, potentially targeting $2 in a couple of days after the initial break out.
Happy trading!
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