Looking at the daily chart,
OPK looks prime for squeeze to 7.21$ and then 8.92$.
The good:
- ascending triangle
- Bullish MACD
- Positive momentum
- COVID-19 test positive upside (recent agreement with daily test for NBA players)
The Bad:
- RSI rising
- BIG resistance at 6.10-6.30
- triple top if does not break through downside could be big
Lastly, we cannot forget to mentioning the shorts. Due to the recent development with
GME, shorts could be a HUGE catalyst for this stock. I did not include it however, as I do not have any details on the shorts position and/or any idea if the new stream of retail investors could have a miningful impact of the stock, as they seems to be focusing more on
GME,
AMC,
BBY,
NOK, etc...
The good:
- ascending triangle
- Bullish MACD
- Positive momentum
- COVID-19 test positive upside (recent agreement with daily test for NBA players)
The Bad:
- RSI rising
- BIG resistance at 6.10-6.30
- triple top if does not break through downside could be big
Lastly, we cannot forget to mentioning the shorts. Due to the recent development with
Trade attivo
Waiting for it to resuming higher in few weeks...If it goes down to 4.80 might add more to my position.
Aris Bernasconi, MBA, Certified Specialist for Finance and Accounting
E-Mail: aristocks@gmail.com
E-Mail: aristocks@gmail.com
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Aris Bernasconi, MBA, Certified Specialist for Finance and Accounting
E-Mail: aristocks@gmail.com
E-Mail: aristocks@gmail.com
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.