OPHT Falling Wedge Potential Breakout

15 Şub 2017

Breaking out of falling wedge pattern on decent volume. Still early, but over 4.80 could catch momentum. Risk to low of day or 4.40 range, reward potential to 5.20 area

16 Şub 2017

Not

Was pushing 4.80 end of yesterday, setting up a potential break today, but it tanked pretty quick, possibly due to the market pulling back. Lots of traders sitting on their hands waiting to see what happens. I'd try again if it retests 4.80 on good volume.