My Trading Plan for OPY is Bullish because it has broken the Descending Wedge and has even Backtested it. I expect OPY to move higher. TP1 ~ $4.00 (Potential Gain 43%) TP2 ~ $4.80 (Potential Gain 72%) Stoploss - $1.900 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ENTRY: 3.31 TP1: 4.00 TP2: 4.88 SL: 2.70 - ADX>25. - RSI>65. - RS and FFI +ve - Daily and weekly MACD +ve - Broke out of HVN yesterday with good volume - Entered with lower position as MAs are not full aligned as 100MA still below 200MA, despite 10MA about to cut above 200MA.
Starting to also gain momentum, after a number of really good reports, this particular stock has shown a healthy consolidation phase and is almost ready to rally. target is 10$ mid term but could extend up to 15$ depending on how the overall market performs. holding all significant support, looking to break resistance soon.
OpenPay major support and resistance in H1 Share prices need to remain within the H1 price channel to continue the longterm uptrend. Major support at around 3.47 and resistance at 3.80
OPY - Major support and resistance level M15 time frame Support at 4.35, 4.24, and 4.05 Resistance at 4.52, 4.70, and 4.80
not sure if it would able to sustain its bullish trend, I think I should wait for $3.00 range. P.S: Please note these my own notes for future reference, by no means trading advise to anyone. Please do your own research before entering into any trade.
OpenPay - Major support and resistance price points
Openpay approaches its previous lows at 3.08 Openpay share prices are now down to a critical level at 3.248, a major support level and 3.08, which is its previous lows. Share prices could make a turn to the upside if it holds above the two crucial points mentioned above
Openpay drops close to 4% in today's opening trades Share prices currently hold just above the critical support level at 3.70. The next support is at around 3.50 and 3.20, as highlighted on the chart. The critical resistance level is at 4.10
Openpay (OPY) surged again in today's opening session but started to retreat after the first 30 minutes of trades. The current critical support level is approximately at 4.00 and 3.58
Openpay has Finally broken the downtrend. Interested to see what will happen tomorrow!!!! ASX:OPY
More consolidation is coming. Entry below 1.46 Best 1.26