With over 26% short interest and 11.99 short ratio. This seems to be a text book short squeeze (unlike the lunacy with GME, AMC, etc.) Price is about to cross the 52-week high at $6 and could probably go up to $7.5-$8.
Just my opinion on what OPK could possibly do over the next few weeks. I'm looking for entry around $4.10-$4 would be bottom of trendline with additional support from 100dma. if it breaks resistance, I'm looking for $5.50ish. Just my opinion DYODD
My first attempt at publishing an idea. It is elementary analysis, however, I think it is helpful to take a look at the bigger picture with OPKO rather than getting bogged down in the day-to-day movements. All feedback welcome!
Hey traders, OPKO HEALTH is in a fake configuration with a return of traded buy volume and an upside down hammer candle. Looking at the TIMEFRAME M1 we can see a hammer candle with a low purchase volume that goes to the base of the bollinger. Then access its highest point and go and test the VWAP to arrive at the top of the comfort zone in order to test it. There...
BREAKOUT STOCK ALERT UPDATE
$OPK - Opko Health, Inc. - Common Stock
Initial Alert Price: $4.21
Price High: $5.01
% Gains/Losses: 19%
(-35% Less Than Expected)
Potential Stop Loss: $4.76
OPK hit $5.01 on Dec. 2nd and we have left the alert open as we continue to monitor the stock. The stock is showing consolidating from the $5.01 breakout and found support at the...
OPK is back at it forming another breakout setup. I posted about OPK (and traded it - search my feed for old posts) when it broke its down sloping trendline back on Nov. 30th. With that breakout, the stock rallied and completed a cup pattern and started pulling back now forming the handle. The white candle close this last Friday is looking like the completion of...
Contextual immersion trading strategy idea.
OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the...
The vaccine is not a quick fix to the Covid-19 Pandemic. It will require significant TESTING and THERAPIES coupled with a vaccine roll out due to the many OBSTACLES on the path to herd immunity (70% Population).
OPKO has the largest contracts with government, NBA, NFL etc... To support our economy at the very minimum it will require people having access to...
Possible signal forming from the weekly Ichimoku Cloud indicator. OPK rose above the cloud & the cloud turned green. If the price can hold past the base line, a bullish signal will have formed.
BREAKOUT STOCK ALERT
$OPK - Opko Health, Inc. - Common Stock
Initial Price: $4.21
Potential Price: $6.47
Potential Gains: 54%
Stop Loss Limit: $4
OPK is working to break the current levels of resistance at the $4.68 levels and we expected this to retest the Next Fib Retracement Price Range above $5.21. If momentum is moving at that point, we expect it to retest...
