OceanPal Inc.Stock on triggering level now .
Target price above 3$
Positive Powerful wave on its way now any moment 💯
Highly recommended for Buying now as much as you can 🔊 👍
OP trade ideas
OP Long Position Hi traders,
Turning our attention to OceanPal Inc. (OP), we can observe an Inverted Head and Shoulders pattern forming over the past few weeks, signaling a potential bullish reversal.
OceanPal Inc. is a maritime transportation company, specializing in the transportation of dry bulk cargoes worldwide. The company operates a modern fleet
and has a strong presence in the global shipping industry. Despite recent market fluctuations, OceanPal's operational efficiency and strategic positioning suggest robust fundamentals.
The Inverted Head and Shoulders pattern is characterized by three troughs, with the middle trough being the lowest, and the two outer troughs being higher and approximately equal in depth. This pattern often indicates a reversal from a downtrend to an uptrend.
As the stock approaches the neckline of this pattern, a breakout above this level could confirm the bullish reversal. Traders should consider entering a long position
upon confirmation of a break above the neckline, anticipating further upward movement in the stock.
Take Profit: 3.82
Final Target: 4.31
$OP Fails to Hold Morning SpikeCurrently at $0.1554, NASDAQ:OP is trading just under its 50-period SMA (~$0.1580) and well below its 200-period SMA (~$0.2500) on the 30-minute chart. The stock gave up its early momentum after hitting resistance at $0.1700, sliding back toward support at $0.1440. Price remains stuck in a tight, low-volume range. Awaiting UltraBuy signal — charting tomorrow’s giants with UltraAlgo.
Ocean Pal, Inc $OP going to .01 centThis one will soon be at .01 cent. Why? Outstanding shares went from 7 million to over 170 million as of a July 31st filing! OceanPal is based is Greece (not known for their financial accountability). There are others posting about an upswing to $3 based on TECHNICAL analysis. However, they are ignoring the fundamentals. Short this one if you can!
