Get started
Ocean Power Technologies, Inc.Ocean Power Technologies, Inc.Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc.

No trades
OverviewFinancialsNewsIdeasMindsTechnicalsForecastsSeasonals

Market insights

A opportunity is a haughty goddess that wastes no time for thosewho are unprepared. Multiple touches now above 0.50 a pariticularly interesting in the money call option available.. otherwise stock is an option as well as consolidation is right in front of our eyes. The set up is there, volume will be the key. Remove all shorts and what happens. Expected profitability around 2026? decent amount of backlog, renewable energy stock however ocean maritime related. Keep your eyes or don't as the opportunity passes you by. I am on the long side and this should be monitored moving forward.
AMEX:OPTTLong
by b58-nic0
1
Is it a time for OPTT? 100% potential profit - 1USD TargetOn the 4-hour chart of Ocean Power Technologies (OPTT), after a strong rally in July, the price has entered a corrective phase, which is now stabilizing around the key support zone at $0.50. This area has been defended multiple times in the past, increasing the chances of a rebound. Momentum indicators are in oversold territory, and the declining pace of the sell-off suggests a potential exhaustion of selling pressure. A breakout above the $0.57–$0.60 resistance zone could act as a catalyst for a continued upward move. In such a scenario, a natural technical target appears to be the $1.00 area, which represents both a psychological level and the previous highs from February. Potential TP: 1 USD
AMEX:OPTTLong
by darksignal
2
Autonomous Maritime Platforms & AI: OPTT at the Crossroads 🔧 Core business Ocean Power Technologies develops low-carbon, autonomous maritime systems: PowerBuoy® platforms combining wave, solar, and wind energy, and WAM‑V® autonomous surface vessels for sectors like defense, offshore energy, scientific research and environmental. Their integrated Merrows™ AI suite enables advanced ocean monitoring with subsea sensors and 5G connectivity. 📈 Past 3 Years (2022–2025) 2022: DOE grant to advance MOSWEC wave energy converter and refine the PowerBuoy design Ocean Power Technologies 2023–2024: OEM partnership with Teledyne Marine, strategic alliances with Red Cat (drone integration) and distribution with Remah International in the UAE for deployment of PowerBuoys and WAM‑Vs May 2024: Approached 15 MWh of global renewable energy production across deployments in the Atlantic, Pacific, Mediterranean, and North Sea Late 2024: Completed over four months of offshore testing of its Next‑Gen PowerBuoy off New Jersey, with 100% data uptime and battery state-of-charge above 90%. Pipeline and backlog surge: Q3 FY25 backlog raised to $7.5 M, pipeline ~$92 M, up sharply year-on-year Cost reductions: Operating expense declined by 39% in Q1 FY25, net loss narrowed, on track for profitability in calendar 2025 March 2025: Added sales executive for U.S. defense agencies; showcased WAM‑V and PowerBuoy AI at NAVDEX Abu Dhabi with RIG 🚀 Next 3 Years (2025–2028) Plan to reach profitability in 2025, transitioning fully from R&D to commercialization Expanding into Latin America, Middle East, Europe, and strengthening U.S. defense market presence through new reseller agreements Deploying PowerBuoy and WAM‑V systems for defense, hydrographic surveys, maritime monitoring, and environmental projects. Further technology enhancements—AI-based autonomy, enhanced sensor payloads, modular marine energy systems. Participating in global conferences and trade shows to boost visibility and strategic networks (over 15 events globally in early 2025) This study it's pulished only as a case study. This is not a financial advise, please do your own research.
AMEX:OPTTLong
by Tesi_Daniela_Radice
OPTT to $1 this year?Price recently closed above the local high with a bullish hammer bring us above the daily trend line, after bouncing off .29 in early '24 & April '25. If it can hold above ~.46-.47 range then I think we are going to be $1+ by EOY. I'm gonna grab some Calls for .50c at various expirations since they are super cheap. Company's tech is pretty solid, wouldn't be surprised if there were NATO contracts being discussed currently or within the next year and we see a massive pop.
AMEX:OPTTLong
by Jaytradn
OPTT Breakout Opportunity! - **Entry Point:** $0.8796 - **Stop Loss (SL):** $0.7663 - **Take Profit Targets:** - **Target 1 (T1):** $1.02 - **Target 2 (T2):** $1.19 The chart highlights a wedge breakout pattern with bullish momentum on the 30-minute timeframe. The price has broken out of the resistance zone (yellow line) with significant volume, indicating a potential continuation towards the take-profit targets. ### **Trading Plan:** 1. **Entry:** Place a buy order at $0.8796 after confirmation of breakout. 2. **Stop Loss:** Below recent support at $0.7663 to minimize risk. 3. **Targets:** - First target: $1.02. - Second target: $1.19 for extended gains. Risk-to-reward is favorable; adjust your position size accordingly.
AMEX:OPTTLong
by ProfittoPath
OPTT BUY/LONG NOW READY! 2.30 to 2.40 by ARD DEC21TICKER CODE: OPTT Company Name: OCEAN POWER TECHNOLOGIES, INC Industry: US Stocks Producer Manufacturing Electrical Products Position Proposed: BUY/LONG Entry: 2.30-2.40 1st Partial Take Profit: 3.55-3.60 2nd Partial Take Profit: 4.10-4.15 3rd Partial Take Profit: 5.10-5.15 (~Dec 2021) Stop Loss: 1.75-1.80 Technical Analysis 1. Descending wedge/Pennant (completed and broke out) 2. MEGAPHONE forming at a bigger time frame 3. 1st Partial Take Profit will be at next major structure level & Fibonacci retracement at 0.786 4. 2nd Partial Take Profit will be at the next major structure level & Fibonacci retracement at 0.618 5. 3rd Partial Take Profit will be at 100% of flag pole length
AMEX:OPTTLong
by traderprosignals
1