$Oscar Health, Inc.(OSCR)$ $UnitedHealth(UNH)$ $Centene(CNC)$ πŸ’ŽπŸ“ˆ Diamond in the Rough: $OSCR May Be Forming the Reversal of the Quarter πŸ“ˆπŸ’ŽπŸ”₯

I’m watching Oscar Health ($OSCR) with growing interest as a rare bullish diamond bottom begins to crystallize on the daily chart. For newer traders, a bullish diamond bottom is a powerful reversal pattern that resembles a widening then narrowing structure, visually like a baseball diamond, marking indecision followed by a sharp resolution. It’s rare, but when it forms after a steep downtrend and confirms with breakout volume, it often signals explosive upside. The measured move target is typically projected by the height of the diamond added to the breakout point; in this case, it suggests a potential push toward $20–21.

I believe this setup is not just technical; it’s fundamentally infused. The prior selloff in OSCR has priced in worst-case regulatory scenarios, particularly fears tied to the sunset of ACA-linked subsidies. But timing is everything. As we approach the U.S. election cycle, healthcare policy will return to the spotlight. With the Trump-signed β€˜big beautiful bill’ still relevant to voter blocks, a funding extension or stimulus tied to government-sponsored healthcare could become a bipartisan bargaining chip. That’s not priced in.

I’m also noting structural conditions aligning across multiple indicators:

β€’ Price is consolidating tightly just below key EMAs and the 55-day moving average, with Bollinger and Keltner bands compressing, hinting at a volatility breakout.

β€’ MACD on the daily is curling toward a bullish crossover beneath the zero line; historically, this is a powerful pivot zone for OSCR.

β€’ Volume is low but stable, and RSI is slowly climbing off deeply oversold territory.

β€’ The second chart shows compression right along a volume shelf between $13.50 and $14.50, and the third confirms bullish histogram shift and early accumulation prints.

Now with the harmonic chart added, I’m also seeing a textbook bullish Bat pattern with the D-point aligning near $12. This final flush would present what I view as a prime asymmetric entry zone. The market may be setting a trap into August; if this flush materialises, I’ll be looking to scale in for a potential long swing toward $30 and $37, both mapped visually and structurally on the fourth chart.

The projected path shows a gradual stair-step move into Q4 and 2026, with a large volume vacuum above $19 that could act as a slingshot if sentiment flips. These higher timeframe targets suggest a long runway for mean reversion and re-rating if macro winds shift and policy headlines emerge.

These are not predictions. They’re probability-weighted frameworks. And right now, I’m seeing an asymmetric opportunity taking shape from both a technical and macro-political standpoint.

πŸ“’ Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets πŸš€πŸ“ˆ I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! πŸ€

Trade like a boss! Happy trading ahead, Cheers, BC πŸ“ˆπŸš€πŸ€πŸ€πŸ€

@Tiger_comments @TigerPicks @TigerStars @TigerWire 

# Oscar Health Downgraded and Price Target Cut by Wells Fargo

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  • G sidhu
    Β·08-01
    TOP
    I am holding OSCR and buying CNC at $22.50 waiting for UNH to drop more then buying at $200
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    • Barcode:Β 
      πŸ©ΊπŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
      08-02
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    • Barcode:Β 
      If we get that funding extension, the whole healthcare cohort could reprice together, If we get that funding extension, though $OSCR’s beta means it could lead.
      08-02
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    • Barcode:Β 
      $CNC at $22.50 and $UNH sub-$200 both offer different market cap defensiveness, but $OSCR’s volatility creates outsized swing potential into election season.
      08-02
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  • JackQuant
    Β·08-01
    TOP
    I also considered the sentiment of the whole market, and I feel it’s not suitable to add a position these days. So, wait patiently.
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    • Barcode:Β 
      πŸ©ΊπŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
      08-02
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    • Barcode:Β 
      The amplitude was 6.37% even on Friday, yet float churn is near historic lows, and post-market action ticked up modestly to $13.60.
      08-02
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    • Barcode:Β 
      You’re right that macro sentiment has been highly erratic, particularly with rates sticky and defensives rotating out of favour. But I see $OSCR’s current compression as positioning rather than conviction.
      08-02
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  • Athena Spenser
    Β·08-01
    TOP
    Interesting setup, but need volume confirmation. Watching for that breakout first.
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      πŸ©ΊπŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
      08-02
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    • Barcode:Β 
      If we see this volume repeat and coincide with a close above the 21EMA or a MACD bullish cross, it may validate the setup. For now, it’s shaping up, not executing.
      08-02
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    • Barcode:Β 
      This volume arrived as price retested the bottom range of the diamond structure with amplitude over 6%, and the post-market ticked up modestly to 13.60. It’s not a breakout yet, but this was significant activity.
      08-02
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  • Maurice Bertie
    Β·08-01
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    Technical patterns don’t fix fundamentals. Healthcare’s too messy here.
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    • Barcode:Β 
      That’s a valid caution and a healthy reminder. But it’s worth noting: even β€œmessy” sectors have tradable dislocations. While OSCR’s fundamentals are still stabilising, forward EPS is projected at –0.075, a sequential improvement from –0.11, and ROE just climbed above 10%.
      08-02
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    • Barcode:Β 
      πŸ©ΊπŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
      08-02
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    • Barcode:Β 
      The market is pricing in extreme pessimism with a P/S of 0.34 and PE ratio in deep negative territory. That creates the asymmetry. The technical pattern isn’t the fix, it’s the roadmap for potential reversion if macro or political catalysts emerge.
      08-02
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  • Tui Jude
    Β·08-02
    The fundamentals all seem to be here but the price has to catch up. Thank you for a great article and insights BC.
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  • Great article, would you like to share it?

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  • Great article, would you like to share it?

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  • Hen Solo
    Β·08-02

    Great article, would you like to share it?

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  • Kiwi Tigress
    Β·08-02

    Great article, would you like to share it?

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  • Great article, would you like to share it?

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    • Barcode:Β 
      πŸš€πŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
      08-02
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    • Barcode:Β 
      I appreciate you sharing with the community πŸ€
      08-02
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    • Barcode:Β 
      Thanks for reading CCW πŸ€
      08-02
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