OPK trade ideas
OPK (Opko Health Inc.)OPK is the official covid test of the NFL, which was announced mid/early July. I think now some of that FOMO has been shaken out off that news. Whether or not there is a wave 2 (don't science at me please) people will continue to be tested, and often if playing pro sports. If OPK has a legit test (the NFL thinks so) then this could be around for a while. Areas of resistance I am watching are diagonal black line and horizontal green lines (monthly areas of interest). I am long and plan on holding this until the virus outlook is sunshine and roses. Cheers!
OPK - Long Setup Fallen angel on hourly chart. Possible entry above 4.20. Stop signal 3.77 based off of hourly support. First target 5.23. Second target 5.83. Third Target momentum.
$OPK OPKO Health Reversal targets OPKO Health, Inc. engages in the provision of healthcare services. It operates through the following segments: Diagnostics, Pharmaceuticals, and Corporate. The Diagnostics segment include clinical laboratory operations of BioReference, as well as point-of-care operations. The Pharmaceuticals segment includes comprises pharmaceutical operations in Chile, Mexico, Ireland, Israel, and Spain and pharmaceutical research and development operations. The company was founded in October 1991 and is headquartered in Miami, FL
$OPK - Whomever followed that chart could take 33% profitOr continue with the trade.
Next TP is MA50
Not for any advise
Just giving an update.
$OPK - The Area of 3-2.9 remains a support Positive indication for long position can be set above 3.7
For the short term, target 1 is 3.94 (the Gap)
Not for any advise
Just an Idea.
Finally some bullish momentum for $OPK ?Keeping an eye on $OPK.
The shares price just crossed previous 2.90$ which was both resistance and 52 weeks high.
If the price remain above previous resistance and become the new support, we could see the price spike up!
Long term still not sure, but there is bullish momentum on this stock IMO
$OPK - Very important support strip (3.02 - 2.91)CCI is deep in minus area, RSI is oversold.
I'm in.
Not for any advise
Just an Idea,
$OPK Opka Health Still Healthy but needs a Break
For those confused why OPK stock is stalling there are some factors to consider.
-The stock has 25 years of price action in this region.
-The stock is currently held by Fibonacci .236 level
- It has had a 200% move in 2020, a cooling off is required.
-There is multiple levels of horizontal price resistance.
Always good to look at the higher time frames for perspective.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$OPK #OPK what goes Up must come down well extended , no fear play here But pumped well has to be ..
$OPK - Whoever followed - Target 2 successfully achievedChart/trade closed.
Not for any advise
Just an Idea,
OPK LOOKS GOOD FOR LONG TERM INVESTMENTOPK LOOKS GOOD FOR LONG TERM INVESTMENT,SHORT TERM TGT 5.LONG TERM 11-12
OPK Entry points in Bull trendSuper bullish to buy after close of the day above 8$ mark.
Otherwise average down based on the other three buy points: First, Second and Third entry points.
Reason for jumpShares of OPKO Health (NASDAQ:OPK) were soaring 23% at 11:15 a.m. EDT on Tuesday after management disclosed on Monday it will provide coronavirus testing to all 32 teams in the National Football League.
OPKO Health's wholly owned subsidiary, BioReference Labs is the nation's third-largest diagnostics laboratory.
Fastest test result turnaround in the industry has landed the company impressive state, local, and sports contracts.
$OPK updated chart potential bullish setup$OPK has been on a roll lately with recent news with their 4 month subsidy from the CDC and the Cramer Mad Money interview stating contracts with NFL for regular testing and a potential comeback of the season.
With almost 30% short interest I think this is bound for a short squeeze soon unless some sort of news suddenly makes it drop.
Consider entries on pullbacks and taking profits where the stars are located on the chart/fib levels.
ALWAYS TAKE PROFIT!!!! Who knows if a big institution could suddenly dump this stock! Take partial profits if you plan on going all the way!
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
$OPK - Few baselines below aiming to targets aboveAs long as it stays above 4.3, positive.
Note: I published the chart yesterday just before the breaking above (Love to see it).
You can also follow me on www.talniri.co.il
The chart from yesterday:
userfiles.talniri.co.il
Not for any advise
Just an Idea.
Trying hard to get out of the Small Down TrendTrying hard to get out of the Small Down Trend, Can it stay above this?
OPK LOOKS GOOD FOR LONG TERM INVESTMENTIF TODAY PRICE CLOSSES BELOW 3.40 EXPECTING TO TAKE SUPPORT @ 2.70-2.90 RANGE WILL ACCUMULATE THERE.
