AndoKhachaturov
Long

Reverse H&S - Right Shoulder Formation

NASDAQ:OPK   OPKO HEALTH INC
830 1 2
Last year OPK             entered a bear trend falling from $19 to $7. The price gap down price during a strong trend down in Aug. 2015 marked the formation of our left shoulder. With each peak we clearly see a surge in volume which is critical for each troughs to form ( Vol             . also declines during the peak). A positive sloped neckline resistance is also a solid indicator predicting a bull trend after breaking. Following a breakthrough there might be a test of the support to confirm and continue the new bull trend.
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