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OPRA

🚀 OPRA Trade Analysis 🚀📊 Company Overview: Opera NASDAQ:OPRA : Known for its web browsers, Opera is expanding into the AI space with its Aria browser AI service, attracting over 1 million users. Financial Performance: Opera's revenue surged by 17% YoY in Q4, surpassing guidance and consensus estimates, indicating strong growth potential. User Acquisition: Opera's focus on user acquisition in lucrative western markets has driven increases in active users and average revenue per user. 💼 Trade Setup: Entry: Consider entering above the $13.00-$13.50 range, as the stock shows bullish momentum. Target: Aim for a target price range of $20.00-$22.00, reflecting potential growth opportunities and positive financial performance. Risk Management: Set a stop-loss to protect against adverse price movements and manage risk effectively. 📈 Rationale: Growth Potential: Opera's expansion into the AI space and its successful track record in user acquisition bode well for future growth. Financial Performance: Strong Q4 revenue growth and surpassing estimates indicate bullish sentiment and market confidence. Market Positioning: With a growing user base and innovative AI services, Opera is well-positioned to capitalize on opportunities in the software landscape. 🔍 Note: Stay informed about market developments and company news to adjust your strategy accordingly. Monitor price action and key technical levels for optimal entry and exit points. As always, conduct thorough research and consider consulting with a financial advisor before making any trading decisions. Good luck! 🌟📊
NASDAQ:OPRALong
by Richtv_official
OPRA drops after earnings beat LONGOPRA on the 30-minute chart dropped after an earnings beat as apparently a lot of traders expected better. The volume profile shows the vast majority of the trading occurred in the 12.75 to 13.05 range. This heavy accumulation should result in price movement in due time per Wycoff. I believe that a long trade is setup for a Fibonacci retracement of the drop into the middle levels and so 14.75 as shown by the indicator on the chart. The mass index indicator reached the reversal zone and then triggered with a drop below it confirming a probable reversal. The MACD shows bullish divergence. I will place a market order with a stop loss at 12.0 just below the POC line which is below present market price. This is a safe 10-13% trade which may take into the beginning of next week. I will take call option contracts as well.
NASDAQ:OPRALong
by AwesomeAvani
OPRA Opera - Alternative Browser Earnings Play LONGOPRA has had a consistent upwards trajectory as shown on the 4H chart. 189% price increase in approximately 125 trading days is about 1.5% daily return, This could be a good set-it-and-forget-it play on the very positive earnings report. OPRA beat earnings guidance by 34% despite advertising pullbacks in a moderate recession. The revenue held steady giving cause shareholders to see the ship as sailing well despite the headwinds it is exposed to. The chart shows a dramatic increase in volume in the past month which is powering the price action. On the long term volume profile, price is sitting above the POC, buyers are dominating right now and short sellers if anything are buying to cover giving further fuel to the price appreciation. As the modest pirce per share and great return on any recent ivestment, I see OPRA as heading higher into blue sky (all-time high). Today's pullback of 3% is the entry @ market in the morning.
NASDAQ:OPRALong
by AwesomeAvani