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Is OPTT showing downside potential? Stochastic Sell Signal shows up after plummeting 7.86%
OPTT posted a 7.86% loss on Monday, August 17th, accompanied by 1.1× normal trading volume. Multiple bearish signals emerged — Stochastic Sell Signal, New Downtrend, Non-ADX 1,2,3,4 Bearish & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 0.18, 0.17 & 0.15, with resistance at 0.21, 0.23 & 0.24. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of OPTT: F
Just a sneak peek — check SwingTradeBot.com for the full story on OPTT.
Read full article here »