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OPTT forms Narrow Range Bar on June 16
OPTT closed down 2.68% on Tuesday, June 16th, with volume running 1.0× below average. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 0.28, 0.27 & 0.27, with resistance at 0.29, 0.29 & 0.3. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of OPTT: F
There’s more where that came from. See all of today’s signals for OPTT here.
Read full article here »