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OPTT makes New 52 Week Closing Low on June 24
OPTT posted a 5.97% loss on Wednesday, June 24th, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, Reversal New Lows Setup & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 0.25, 0.25 & 0.23, with resistance at 0.28, 0.29 & 0.3. Meanwhile, Slow Stochastic is showing oversold conditions.
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 »