Opened small starter position on break over pivot from Oct 21. Stop loss below Thursday's low. Will add more shares near close if breakout holds. OPRX has shown good strength and volume patterns since its earnings gap up, breaking out over pivot from back in February. Major volume came in on news back on Sept 30 and has consolidated and held onto its gains...
Market is in an uptrend, Price has been respecting 20MA, believe there is a chance to breakout Might want to look for breakout setting limit order around 64.00 Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Entry price : 29.3 Fundamentals : - Sector: Software - Medical - EPS % Chg (Last Qtr): 82% - EPS % Chg (Previous Qtr): -333% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 110% - Sales % Chg (Previous Qtr): 25% - 3-Year Sales Growth Rate: 42% - Annual Pre -Tax Margin: -16.4%
Shorts are probably pooping their pants right now. $OPRX made a new ATH today but couldn't close over $22. Institutional buying is clearly seen in the volume patterns and the 20-day support has made it into a holy grail.
OPRX: OptimizeRx Corporation 2018-10-17 08:30:00 OptimizeRx Acquires CareSpeak Communications