OPRA Opera - Alternative Browser Earnings Play LONG
OPRA has had a consistent upwards trajectory as shown on the 4H chart.
189% price increase in approximately 125 trading days is about 1.5% daily return,
This could be a good set-it-and-forget-it play on the very positive earnings report.
OPRA beat earnings guidance by 34% despite advertising pullbacks in a moderate
recession. The revenue held steady giving cause shareholders to see the ship
as sailing well despite the headwinds it is exposed to.
The chart shows a dramatic increase in volume in the past month which is
powering the price action. On the long term volume profile, price is sitting
above the POC, buyers are dominating right now and short sellers if anything
are buying to cover giving further fuel to the price appreciation.
As the modest pirce per share and great return on any recent ivestment,
I see OPRA as heading higher into blue sky (all-time high). Today's pullback
of 3% is the entry @ market in the morning.
189% price increase in approximately 125 trading days is about 1.5% daily return,
This could be a good set-it-and-forget-it play on the very positive earnings report.
OPRA beat earnings guidance by 34% despite advertising pullbacks in a moderate
recession. The revenue held steady giving cause shareholders to see the ship
as sailing well despite the headwinds it is exposed to.
The chart shows a dramatic increase in volume in the past month which is
powering the price action. On the long term volume profile, price is sitting
above the POC, buyers are dominating right now and short sellers if anything
are buying to cover giving further fuel to the price appreciation.
As the modest pirce per share and great return on any recent ivestment,
I see OPRA as heading higher into blue sky (all-time high). Today's pullback
of 3% is the entry @ market in the morning.