US Stock In Play: $OPY (Oppenheimer Holdings Inc)$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 volatility range above $38 price support region will maintain its potential trajectory towards recapturing its all time high at $56.94 (est 2007). The first immediate resistance for $OPY is at $48.
$OPY through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia.
