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I have looked at OSK before (like a year ago) and thought the same thing... undervalued. I put it on my watchlist and it never really did anything that opened up a trade opportunity for me. I continue to have it as part of my watchlist in heavy equipment, but I am not looking to make a play on it.
However, I was checking out your watchlist, and I saw that you are watching LQDT. That is an interesting stock. It has made some of my screens over the last few months, and looks to be rebounding from some consolidation over the last month and a half. A bit of caution, though: Recently the 20 day EMA crossed below the 50 day MA (Dec 21). I have been noticing bearish action following this kind of crossover in other stocks which I follow. The 20 day MA is turning positive again, so it may make a bullish crossover soon if the price increases quickly. If it can sustain the $20 level for more than a couple of days, then it might be worth buying.
Peanuts, thanks for taking the time to post a chart. I concur with your take on LQDT...
I see what your looking at now. I need to remember to zoom out on the charts. From a FA perspective I think OSK is undervalued. Needs to pop the 200dma.
I have looked at OSK before (like a year ago) and thought the same thing... undervalued. I put it on my watchlist and it never really did anything that opened up a trade opportunity for me. I continue to have it as part of my watchlist in heavy equipment, but I am not looking to make a play on it.
However, I was checking out your watchlist, and I saw that you are watching LQDT. That is an interesting stock. It has made some of my screens over the last few months, and looks to be rebounding from some consolidation over the last month and a half. A bit of caution, though: Recently the 20 day EMA crossed below the 50 day MA (Dec 21). I have been noticing bearish action following this kind of crossover in other stocks which I follow. The 20 day MA is turning positive again, so it may make a bullish crossover soon if the price increases quickly. If it can sustain the $20 level for more than a couple of days, then it might be worth buying.
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I see what your looking at now. I need to remember to zoom out on the charts. From a FA perspective I think OSK is undervalued. Needs to pop the 200dma.
Dude, are you reading FA magic? What makes you think it would double in Cap?
not much FA went into it.
Double bottom was formed from Oct 02 to Feb 03. Once the price goes to to $23 in the near term, it should pull back to 20ish and then blast off to end the year around $34...
At least, that's what my crystal ball says. Reason tells me not to be so bullish, but the chart looks great in the LT.
Is there a SHS pattern? Um, yup, look out below... it's right at the neckline on the right shoulder. You might want to set some stops in case this goes down so some of your investment is saved, Grebnet. I hope, for your sake, that it treats you well.
This was very wrong. Sorry, Grebnet. You da man!
I'm not sure if I'll ever get those cheap shares I was talking about...
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