OPGN has been forming an enormous ascending triangle for over 18 months. Something similar happened with JILL and the breakout took it from 4's - 23.00. I expect a breakout of the ascending triangle that sends OPGN to around 8.00/share. Then I expect us to pause and consolidate before a run to fill the gap up to roughly 17.00
Manage your risk accordingly. I'm of...
Very Long term ascending triangle breaking downward at the moment. I expect a test of the 200 Day MA and a strong rally to the mid 5's before we break resistance. The size of this structure could very possibly send us to fill the gap around the 3.618 extension in the mid 16's. We could over perform to the low 20's. My average is 4.80's. GL
