$OPY closed the Tuesday session at $41.71 (+1.19%) with a Bearish Spinning Top signal. The overall cumulative gain for $OPY since its breakout of a Bullish Flag pattern on 25th February stance at +13.88% in 9 days of trading session. With $OPY currently trading at its highest implied volatility ($1.40/day) in 11 months, a near term correction within its...
My Trading Plan for OPY is Bullish because it has broken the Descending Wedge and has even Backtested it. I expect OPY to move higher. TP1 ~ $4.00 (Potential Gain 43%) TP2 ~ $4.80 (Potential Gain 72%) Stoploss - $1.900 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ENTRY: 3.31 TP1: 4.00 TP2: 4.88 SL: 2.70 - ADX>25. - RSI>65. - RS and FFI +ve - Daily and weekly MACD +ve - Broke out of HVN yesterday with good volume - Entered with lower position as MAs are not full aligned as 100MA still below 200MA, despite 10MA about to cut above 200MA.
Starting to also gain momentum, after a number of really good reports, this particular stock has shown a healthy consolidation phase and is almost ready to rally. target is 10$ mid term but could extend up to 15$ depending on how the overall market performs. holding all significant support, looking to break resistance soon.
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...
not sure if it would able to sustain its bullish trend, I think I should wait for $3.00 range. P.S: Please note these my own notes for future reference, by no means trading advise to anyone. Please do your own research before entering into any trade.