Not a recommendation, just a study. Expecting OPRA to reach $15.44 within the next 10 days.
📊 Company Overview: Opera NASDAQ:OPRA : Known for its web browsers, Opera is expanding into the AI space with its Aria browser AI service, attracting over 1 million users. Financial Performance: Opera's revenue surged by 17% YoY in Q4, surpassing guidance and consensus estimates, indicating strong growth potential. User Acquisition: Opera's focus on user...
OPRA:1W Using a 5 year look-back I see recent price structure from the October 2022 bottom as highly impulsive. Historical resistance (downward yellow arrows) has become support (upward yellow arrows). If you're a historical 'price memory' believer, which I am, this will make sense. RSI is flattening out to the downside with slightly higher lows. Stochastic...
NASDAQ:OPRA is starting to look interesting again. After a MASSIVE 600% run followed by a deep 60% pullback some of the signals are showing some life might be coming back in the stock. We are past earnings so hopefully no more surprises to come. The RSI is heading back up We got a deep cross of the MACD over the signal line, well below the zero line ...
Opra has a lot of upside potential here. It has pulled back 50% from the high after a monthly breakout. I like the risk-reward ratio for a long position here, with an entry between 13-14 and a stop loss under 9, targeting 28-33
OPRA on the 30-minute chart dropped after an earnings beat as apparently a lot of traders expected better. The volume profile shows the vast majority of the trading occurred in the 12.75 to 13.05 range. This heavy accumulation should result in price movement in due time per Wycoff. I believe that a long trade is setup for a Fibonacci retracement of the drop...
Opera Ltd provides mobile and PC web browsers and operates in two primary segments, Browser and News, and Other. The company offers a variety of mobile and PC browser products, including Opera Mini, Opera for Android and iOS, Opera GX Mobile, and Opera Touch. Additionally, it also provides the Opera News service, a personalized news discovery and aggregation...
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...
should we exit that trade at 13.95 or wait for a bearish trend to settle
Good one to catch once it dips back a bit new company recently payed dividends
OPRA: Opera Limited 2022-01-20 08:30:00 Opera Announces $50 Million Share Repurchase Program
I remain long from my last idea
longterm resistance will kick in soon, if long consider taking profits or maybe start hedging with puts, i dont see this going higher than 14 anytime soon, short!!
OPRA has been tightening into the apex of symmetrical triangle. I really like the look of this one. I plan to buy it tomorrow.
From a charting perspective NASDAQ:OPRA is starting to look very attractive. After a initial IPO sell off the stock has formed a base and is now stepping its way back up on good volume. RSI ,MACD, and the OBV are very positive. Price has bullishly broken the cloud resistance. Please also take into account the earnings release from May22nd, below is a...