OBLG (NASDAQ)

OBLG NASDAQ

Oblong

STAY LONG

3.5600

Prev.Close

3.5100

Change

+0.0500

Change%

+1.42%

BEARISH DESCENDING HAWK

Bought at

3.2500

Open

3.4000

High

3.5600

Low

3.3385

3.5600

Gain%

+9.54%

Signal History

Date	Price	Signal	Change%		$100⇨
11/21	3.2500	BUY	+9.5%	✔	42
11/18	3.6700	SELL	-11.4%	✔	42
11/13	4.0300	BUY	-8.9%	❌	46
11/06	3.7200	SELL	+8.3%	❌	46
11/01	3.6250	BUY	+2.6%	✔	45
10/22	3.9500	SELL	-8.2%	✔	45
10/15	3.9401	BUY	+0.3%	✔	45
10/01	4.0300	SELL	-2.2%	✔	45
09/26	4.0200	BUY	+0.2%	✔	45
09/20	3.9700	SELL	+1.3%	❌	45
09/16	5.2000	BUY	-23.7%	❌	59
09/11	3.3900	SHORT	+53.4%	❌	128
09/09	3.6300	BUY	-6.6%	❌	137
08/20	4.2800	SHORT	-15.2%	✔	120
08/13	4.4630	BUY	-4.1%	❌	125
07/30	6.6290	SHORT	-32.7%	✔	95
07/26	6.7540	BUY	-1.9%	❌	97
07/16	7.3770	SELL	-8.4%	✔	97
07/03	7.1280	BUY	+3.5%	✔	94
06/25	6.7200	SHORT	+6.1%	❌	101
06/20	6.6400	BUY	+1.2%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 11/21/2024, 8 days ago, when the stock price was 3.2500. Since then OBLG has risen by +9.54%.

Market Outlook

The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.

Pattern Description

This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...

Date	Price	Signal	Change%		$100⇨
11/21	3.2500	BUY	+9.5%	✔	263
11/18	3.6700	SELL	-11.4%	✔	263
11/13	4.0300	BUY	-8.9%	❌	290
11/06	3.7200	SELL	+8.3%	❌	290
11/01	3.6250	BUY	+2.6%	✔	283
10/22	3.9500	SELL	-8.2%	✔	284
10/15	3.9401	BUY	+0.3%	✔	284
10/01	4.0300	SELL	-2.2%	✔	284
09/26	4.0200	BUY	+0.2%	✔	284
09/20	3.9700	SELL	+1.3%	❌	285
09/16	5.2000	BUY	-23.7%	❌	374
09/11	3.3900	SHORT	+53.4%	❌	805
09/09	3.6300	BUY	-6.6%	❌	866
08/20	4.2800	SHORT	-15.2%	✔	755
08/13	4.4630	BUY	-4.1%	❌	790
07/30	6.6290	SHORT	-32.7%	✔	598
07/26	6.7540	BUY	-1.9%	❌	612
07/16	7.3770	SELL	-8.4%	✔	613
07/03	7.1280	BUY	+3.5%	✔	593
06/25	6.7200	SHORT	+6.1%	❌	634
06/20	6.6400	BUY	+1.2%	✔	629
06/07	10.8000	SELL	-38.5%	✔	631
05/15	5.0770	BUY	+112.7%	✔ 👍	297
05/07	4.6340	SHORT	+9.6%	❌	330
05/02	4.6570	BUY	-0.5%	❌	333
04/11	5.4846	SHORT	-15.1%	✔	290
04/09	5.6800	BUY	-3.4%	❌	302
04/02	5.3420	SHORT	+6.3%	❌	323
03/27	5.3600	BUY	-0.3%	❌	326
03/15	6.0590	SHORT	-11.5%	✔	293
02/27	6.4600	BUY	-6.2%	❌	314
02/21	7.2630	SELL	-11.1%	✔	315
02/14	6.9600	BUY	+4.4%	✔	302
02/01	7.7270	SELL	-9.9%	✔	303
01/23	6.4590	BUY	+19.6%	✔ 👍	254
01/19	6.3660	SHORT	+1.5%	❌	258
01/11	6.1160	BUY	+4.1%	✔	249
01/02	7.1730	SELL	-14.7%	✔	250
12/26	6.6770	BUY	+7.4%	✔	233
12/18	7.0800	SELL	-5.7%	✔	233