Optex Systems Holdings (NASDAQ: OPXS) has decisively broken above a critical long-term resistance zone around $10.18, a level that previously acted as a ceiling dating back to 2015. The breakout is accompanied by increased volume and sustained price strength, indicating institutional interest and confirmation of momentum.
The RSI indicator is trending strongly above the neutral 50 zone without being overextended, supporting the case for continued upside. Current price action reflects a textbook high-timeframe breakout from a multi-year base formation, which historically precedes strong directional moves.
The measured move projection targets the $18.80 zone, representing a potential 64% upside from current levels ($11.49). The prior resistance level (~$10.20) is now expected to act as strong support in case of any pullbacks.
The RSI indicator is trending strongly above the neutral 50 zone without being overextended, supporting the case for continued upside. Current price action reflects a textbook high-timeframe breakout from a multi-year base formation, which historically precedes strong directional moves.
The measured move projection targets the $18.80 zone, representing a potential 64% upside from current levels ($11.49). The prior resistance level (~$10.20) is now expected to act as strong support in case of any pullbacks.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.