Long
Buy OPK: Bullish Bat Complete at Psychological Support
OPK has completed a bullish bat pattern at an excellent support level. Price is showing clear signs of respecting the tight and confluent PRZ and may begin to reverse toward the upside in the next couple of days. The company has strong fundamentals with Phillip Frost's outstanding track record in biopharmaceutical innovation as its backbone. PRZ Confluence:
1. Bullish Bat Completion
2. 3.14BC Projection
3. 1.886AB=CD
4. 10 dollar psychological support level
T1 is set at .382XA and the unhit monthly pivot for September, 2015.
T2 is set at .618XA, confluent with a missed pivot cluster.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.