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Rachel Dashiell looks at the chart for Oklo (OKLO) as shares of the nuclear energy company has gone vertical this month. She points to the "stair steps higher" in the most recent uptrend before shooting higher last week on the heels of a U.S. and U.K. nuclear energy deal. On a longer-term 1-year chart, Rachel points to a basing pattern around $59 before the stock took off. She also points to the momentum RSI study nearing overbought conditions around 87 and says there could be some "profit taking" at these levels.
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By Schwab Network4.6
3737 ratings
Rachel Dashiell looks at the chart for Oklo (OKLO) as shares of the nuclear energy company has gone vertical this month. She points to the "stair steps higher" in the most recent uptrend before shooting higher last week on the heels of a U.S. and U.K. nuclear energy deal. On a longer-term 1-year chart, Rachel points to a basing pattern around $59 before the stock took off. She also points to the momentum RSI study nearing overbought conditions around 87 and says there could be some "profit taking" at these levels.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about

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