Olema Pharmaceuticals, Inc.
Short
Zaktualizowano

$OLMA (NASDAQ) – Technical Setup Update

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OLMA has cooled off after its explosive upside move, and price is now hovering near the upper boundary of a developing distribution zone on the 15-minute chart. The recent rejection from the mid-range aligns with weakening momentum and a potential rotation back toward the major demand cluster below.

🔹 Entry: 25.81 or CMP
🔹 Target (TP): 12.85
🔹 Stop-Loss (SL): 29.73

This setup outlines a high risk-to-reward short opportunity, with the TP aligning precisely with a multi-layered demand zone and prior imbalance. A clean break below the micro-support could accelerate a move toward the 12–13 region, where several unmitigated liquidity levels converge.

A sustained hold above the stop region, however, would invalidate the short bias and hint at continuation toward the higher inefficiency bands.

⚠️ Financial Disclaimer (the funny one):
None of this is financial advice. If you trade solely because a chart on the internet looked convincing, your account may perform a dramatic reenactment of gravity. Always DYOR and protect your tendies.
Transakcja zakończona: osiągnięto poziom stop
Busted!!!! F***

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