$OPK Potential Long Breakout Setup

2020년 6월 27일

OPKO Health is a medical testing company based on diagnostics and pharmaceuticals. They also have a COVOID-19 testing kit.
During week of June 6th, Insider buying occurred with CEO, Chairman and 10% Owner Phillip Frost buying 200,000 shares at the average price of $2.35.
With COVOID-19 infections slowly ticking up in the US, we might see more demand in the company's testing kits.
OPK recently retook the 100 day MA on the weekly chart which hasn't been crossed since 2017 which could mark a strong trend coming soon.
OPK is also looking at a breakout past the hourly resistance at $2.91 and also a potential gap fill at $3.00 to a target of $3.30
Also high short interest at 29%
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.

2020년 6월 27일

노트

First idea here so lets see how it goes :p

2020년 6월 30일

노트

Reached target $3.30!!! Woo!