OPKO Health Inc is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Opko's diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a world supply-chain operation and holding company in Ireland. It also owns a specialty active...
4th Nov 2023, a green candlestick formed above the green line with the presence of a shark (yellow bar) is a sign of the door "JERUNG ATH" based on the EPRAF indicator. Let's watch the OPK action next week.
FDA approval on Jan 31st so this does have a time frame in which you can pull profits. They are partnered with pfizer on a drug that helps with HGH deficiency in human trials. Currently super low valuation and the fact that this drug will be in the public eye could make this pop. My expectations will be $6-7 for take profit but it could be more depending on the...
Easy play for a bounce to top of channel, stay tuned.
Hopefully the $3.50 support holds. Back to ~$4.50 in mid-June perhaps!
OPK back at the .236 fib line, which has been a clear area of support/resistance. The question is, will the speculation on its testing company end up giving the boost needed to push back above the $5 mark or is this truly a "fib" and OPK falls back down heading into the rest of March? "Ongoing pressure from an activist investor to offload its BioReference unit...
Lots of room to go back up. Uptrend. RSI and Stochastics shows oversold
OPK has an old and well defined support point nearing, which could react as a long-term positive sign for the security. While FIB retracement also shows growth.
It's looking like we have an Inverted HS pattern that would potentially continue into yet another Inverted HS. Indicator movements to consider would include a bullish MACD cross, RSI confirming strength and high volume following through at the moment. This is a long term play that might have some good scalps to consider, potential plays on lower time frames. This...
It should blowup, either by June or in the next 1-2 weeks.
At point 1 this stock rose in value by about 40% when the pattern was over, now we are seeing the pattern completing itself and abou to see a 20% pump which we must not miss. I will keep this chart updated. Thank you for the support.
Looking at the daily chart, $OPK looks prime for squeeze to 7.21$ and then 8.92$. The good: - ascending triangle - Bullish MACD - Positive momentum - COVID-19 test positive upside (recent agreement with daily test for NBA players) The Bad: - RSI rising - BIG resistance at 6.10-6.30 - triple top if does not break through downside could be big Lastly, we...
OPK looks like it's doing a bit of a rebound after exiting an ascending triangle. Also approaching earnings on 3Mar, so enjoy the ride for at least a 20% gain over the next month.