Breakout Stocks of Week 12 @ CRYPTO
NASDAQ was down last week (week 11) by -0.696% ending at 15,973.17 points after falling -111.94 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Osmosis USD CRYPTO:OSMOUSD. This stock has had a buy signal since Mar 07, 2024 when the price was $1.68 , but have so far fallen -5.85% to $1.58. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 12 |
|---|---|---|---|
| Osmosis Usd | $1.58 | $1.33 | -15.75% |
The Osmosis USD stock price fell by -4.21% on the last day (Friday, 15th Mar 2024) from $1.65 to $1.58. During the last trading day the stock fluctuated 8.11% from a day low at $1.54 to a day high of $1.67. The price has been going up and down for this period, and there has been a -1.03% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -50 million shares and in total, 7 million shares were bought and sold for approximately $10.39 million.
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Osmosis USD stock to perform well in the short-term period.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
