Not much new to report on OSTK. The stock continues to work its way lower following the Jan 8th divergent high but still has some more downside to go before hitting T1. I don’t get too excited on the big down days as that is the nature of this extremely volatile stock: Down big today, up big tomorrow. As long as the trend remains bearish (i.e.- lower lows & lower highs), the trade looks fine. Need to see the Jan 17th lows taken out now & ideally for the stock to remain below the Jan 22nd reaction high.

No. The suggested stop on the OSTK short trade was & still is any move above 96.80 as listed in the original trade setup & entry: https://rightsideofthechart.com/ostk-swing-trade-idea-2/

In this last update I mentioned the 78.12 level as a significant former support, now resistance level & although the stock moved back above that level, this trade is still profitable & still looks promising although it is taking longer than expected to play out so far. Seems to me that the cybercurrency bubble may have popped although I may decided to revised the final target to T1, eliminating T2. If so, I will post an update but for now, OSTK remains an active short trade.