When (OPRX) Moves Investors should Listen
May 13, 2024, 04:12 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for OPRX
- Buy OPRX slightly over 8.4 target 11.89 stop loss @ 8.38 Details
The technical summary data tells us to buy OPRX near 8.4 with an upside target of 11.89. This data also tells us to set a stop loss @ 8.38 to protect against excessive loss in case the stock begins to move against the trade. 8.4 is the first level of support below 10.81 , and by rule, any test of support is a buy signal. In this case, support 8.4 would be being tested, so a buy signal would exist.
- Short OPRX slightly under 11.89, target 8.4, stop loss @ 11.92 Details
The technical summary data is suggesting a short of OPRX as it gets near 11.89 with a downside target of 8.4. We should have a stop loss in place at 11.92though. 11.89 is the first level of resistance above 10.81, and by rule, any test of resistance is a short signal. In this case, if resistance 11.89 is being tested, so a short signal would exist.
Swing Trading Plans for OPRX
- Buy OPRX slightly over 11.47, target 11.89, Stop Loss @ 11.44 Details
If 11.47 begins to break higher, the technical summary data tells us to buy OPRX just slightly over 11.47, with an upside target of 11.89. The data also tells us to set a stop loss @ 11.44 in case the stock turns against the trade. 11.47 is the first level of resistance above 10.81, and by rule, any break above resistance is a buy signal. In this case, 11.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short OPRX slightly near 11.47, target 10.65, Stop Loss @ 11.5. Details
The technical summary data is suggesting a short of OPRX if it tests 11.47 with a downside target of 10.65. We should have a stop loss in place at 11.5 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 11.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for OPRX
- Buy OPRX slightly over 10.92, target 11.47, Stop Loss @ 10.89 Details
If 10.92 begins to break higher, the technical summary data tells us to buy OPRX just slightly over 10.92, with an upside target of 11.47. The data also tells us to set a stop loss @ 10.89 in case the stock turns against the trade. 10.92 is the first level of resistance above 10.81, and by rule, any break above resistance is a buy signal. In this case, 10.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short OPRX slightly near 10.92, target 10.68, Stop Loss @ 10.95. Details
The technical summary data is suggesting a short of OPRX if it tests 10.92 with a downside target of 10.68. We should have a stop loss in place at 10.95 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 10.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Optimizerx Corporation (OPRX) available here: OPRX.
OPRX Ratings for May 13:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
8.4 |
| P2 |
10.68 |
10.65 |
11.89 |
| P3 |
10.92 |
11.47 |
15.46 |
AI Generated Signals for OPRX
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Optimizerx Corporation (NASDAQ: OPRX) report below is a real world example. Included are trading plans for OPRX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for OPRX:
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