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Ocean Power Technologies, Inc.Ocean Power Technologies, Inc.Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc.

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OPTT trade ideas

OPTT BUY/LONG NOW READY! 2.30 to 2.40 by ARD DEC21TICKER CODE: OPTT Company Name: OCEAN POWER TECHNOLOGIES, INC Industry: US Stocks Producer Manufacturing Electrical Products Position Proposed: BUY/LONG Entry: 2.30-2.40 1st Partial Take Profit: 3.55-3.60 2nd Partial Take Profit: 4.10-4.15 3rd Partial Take Profit: 5.10-5.15 (~Dec 2021) Stop Loss: 1.75-1.80 Technical Analysis 1. Descending wedge/Pennant (completed and broke out) 2. MEGAPHONE forming at a bigger time frame 3. 1st Partial Take Profit will be at next major structure level & Fibonacci retracement at 0.786 4. 2nd Partial Take Profit will be at the next major structure level & Fibonacci retracement at 0.618 5. 3rd Partial Take Profit will be at 100% of flag pole length
AMEX:OPTTLong
by traderprosignals
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