@Bigmarn I think Oar 2.4 daily chart looks very good this week for a few reasons. 1) It has pulled back to the daily chart demand level which will make trades have a good Risk/Reward ratio and using the position size formula you buy more of them when you are only risking about 0.7 cents on the trade if a stop goes just below the bottom green line. 2) It has pulled back to the 8ema 3) It has put in another inverted hammer type of a candle which for this share usually preceeds price increases as seen in the elipses. 4) There was a golden cross earlier this month where the 50sma crossed above the 200sma which is supportive of higher prices. 5) The daily chart price target is around 12 cents so every pullback to a demand level on lower timeframes should produce a winning trade until price gets to the price target.
