$OPK - Added to breakout watchlist (>4.6$)Bullish triangle opportunity.
strong support near 4$
Not recommending buy or sell.
Just an Idea,
OPK trade ideas
opkoopko support and resistance line and trend
we'll see
it is not a signal to buy or sell
i just share my idea
so do your best
thank you
OPK Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$OPK - Opko Health, Inc. - Common Stock
Initial Alert Price: $4.21
Price High: $5.01
% Gains/Losses: 19%
(-35% Less Than Expected)
Potential Stop Loss: $4.76
OPK hit $5.01 on Dec. 2nd and we have left the alert open as we continue to monitor the stock. The stock is showing consolidating from the $5.01 breakout and found support at the $4.43 Price Levels and just completed an EMA Crossover from that point. We're currently seeing momentum for the price to retest $5.01 and if it does, then we expect the stock to retest the $6.24-$6.47 Price Levels once again, since it's highest breakout this year on July 21st. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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$OPK #CupandHandle SetupOPK is back at it forming another breakout setup. I posted about OPK (and traded it - search my feed for old posts) when it broke its down sloping trendline back on Nov. 30th. With that breakout, the stock rallied and completed a cup pattern and started pulling back now forming the handle. The white candle close this last Friday is looking like the completion of the handle and the start of a new leg higher.
$OPK can rise in the next daysContextual immersion trading strategy idea.
OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,87;
stop-loss — $4,17.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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OPKO - Performance During Covid-19 Global PandemicThe vaccine is not a quick fix to the Covid-19 Pandemic. It will require significant TESTING and THERAPIES coupled with a vaccine roll out due to the many OBSTACLES on the path to herd immunity (70% Population).
OPKO has the largest contracts with government, NBA, NFL etc... To support our economy at the very minimum it will require people having access to immediate testing that OPKO's BioReference labs can provide.
Expect volume spike next week 5 PT+Great long term hold, I expect a volume spike to push this up and out of cup and handle breakout. Bullish 5 pt+
Possible BreakoutPossible signal forming from the weekly Ichimoku Cloud indicator. OPK rose above the cloud & the cloud turned green. If the price can hold past the base line, a bullish signal will have formed.
OPK Brekout Stock AlertBREAKOUT STOCK ALERT
$OPK - Opko Health, Inc. - Common Stock
Initial Price: $4.21
Potential Price: $6.47
Potential Gains: 54%
Stop Loss Limit: $4
OPK is working to break the current levels of resistance at the $4.68 levels and we expected this to retest the Next Fib Retracement Price Range above $5.21. If momentum is moving at that point, we expect it to retest the $6.47 and either consolidate or move beyond that price point. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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$OPK Trendline #Breakout SetupOne of the stocks I'll be closely watching next week. Possible downtrend break and start of a new up swing.
OPK Technical/Price action AnalysisMy analysis/assumption for that stock.
Please give your rating if you think this move makes sense.
$OPK Opka Health CEO continues to snap up stock.
OPK CEO continues to buy the stock as he has done throughout 2020.
High short interest.
Indicators tuning bullish as the reverse.
Alert set for a break above $3.85
Potential targets -to consider,
100MA
Downtrend.
Horizontal resistance as per chart.
OPK looking to bounce from support and forming triangleOPK seems to be doing good, and analysts are saying that it is a buy (according to MarketWatch)
You can kinda see that it is following an upward trend line. There is also strong support at $3.45
The price is also forming a big triangle.
RSI is low and there is plenty of volume.
I'm going to get in at $3.48 with my stop loss at $3.24 (6.9%). I'm hoping for it to go up to around $4 (14.9%).
ready for the next leg up..... PT 8 USDafter a stoploss-fishing round , ready for a next leg up.....
OPK- consolidating or Bull run over? OPKO came out of its slump in late September. It had been oversold prior and needed over month to build up momentum again. It went over two week rally of roughly 4-5% gain everyday.
The rally stopped the down trend line from mid summer.
Interesting to note the Oct 12 was the day of the 10 DMA crossed the 50 DMA. The PA immediately want lower to test the 50 where it found support. The next day gapped down but quickly came back above the 50 and crossed the 10MA again. RSI was very overbought and needed a reset
What's going on now ? What the picture going forward?
There is a consolidation box between 3.90 and 4.25. The stock spent a week and a half in this zone on the earlier rally in June. It is currently in the box now.
The 10 MA is above acting as resistance but is rising. The 20 MA is about to cross the 50MA likely in the next two trading days
There are two RSI trendline, both rising
The long term support just held and bounced. There is a steep trendline below, this was the resistance line that was breached at the start of the recent rally.
Sideways price action will meet the downtrend line. With bullish MA crossovers, RSI reset and riding support I'm guessing we have another solid leg up.
I have some naked Dec 18 calls which i bought in late September. I also have a Nov 20 $5/$6 call vertical i bought on the pullback this week.
OPK Long IdeaStimulus seems to be leaving the spotlight. Waiting to see if it starts to shift back to Covid testing and treatment. Once I see Covid penny stocks pumping, I will jump in on this and wait for the inevitable pump!
Likely to see more upward movement for $OPK MondayTrendline + break of resistance + ema --> pretty bullish
Short-term (1-2 days) triangle break and PT $OPKSymmetrical triangle formed on the 5m chart, upward move expected to continue Monday
