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OPHR

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12 years 4 months ago #8416 by Food4Thought
Replied by Food4Thought on topic OPHR
I got very lucky on this one today. I re-entered again at 301 yesterday, which proved good support last time. Took profits today as possible retrace :) Apologies for the late disclosure.

This has been waiting on fundamentals since the drop in mid-August. Will rise again on any farm out news IMO.
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12 years 5 months ago #8126 by Food4Thought
Replied by Food4Thought on topic OPHR
OPHR still in a nice rising channel. 3rd test on the 50% retracement (345/6) at close yesterday so could break higher today. Resistance just above at 347/8, descending trendline and 61.8% fib at 356. I'll take more profits from the latter if we spike through the trendline.

uk.advfn.com/p.php?pid=chartscreenshotsh...jBE=&symbol=L%5EOPHR
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12 years 5 months ago - 12 years 5 months ago #7910 by Food4Thought
Replied by Food4Thought on topic OPHR
Time to take profits after a nice run and 330 target exceeded. Will look to re-enter. :)

uk.advfn.com/p.php?pid=chartscreenshotsh...ViO0Dw921cK7t06H7xU=

Volume is falling and it is beginning to roll over. I suspect a pullback before a push to 350.
Last edit: 12 years 5 months ago by Food4Thought.
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12 years 5 months ago - 12 years 5 months ago #7713 by Food4Thought
Replied by Food4Thought on topic OPHR
We didn't quite make 330 from 300 (high of 328 so far), but some nice consolidation the past few days, thus I would now expect this to possibly break right through 330 without a retrace. Next resistance at 348/50 and target of 400. A nice move ;o)
Last edit: 12 years 5 months ago by Food4Thought.

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12 years 6 months ago #7611 by Food4Thought
Replied by Food4Thought on topic OPHR
OPHR well oversold IMO and moving nicely from the 300 area. Lots of director buys.

Resistance at 330 and re-entry at 314. Potential here for 348/350 in the short term.
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12 years 6 months ago #7428 by Food4Thought
Replied by Food4Thought on topic OPHR
uk.advfn.com/p.php?pid=chartscreenshotsh...tSaZ6afGqJrjNgw0mG4=

Engulfing candlestick on Friday and gap down this morning (closed). Minor RSI trendline break this morning (intra day). MACD bearish divergence. Approaching 61.8% fib of rise at 368.50. Retrace looks established. Symetrical triangle also in play.

I will wait for major RSI trendline and then probable/possible revisit to 347 for an entry and possible double bottom. Looking interesting again.

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