Posted On: 03/09/2014 9:48:04 PM
Post# of 2561
OPK Daily Chart ~ Trending Down Since Our Exits
As I mentioned on March 2 (link back), I sold my last 1,000 shares of OPK (NYSE) at 9.98. I have not yet repurchased as the FullSto and MACDs are curling and crossing to the downside. I would rather wait and be safe than to be on the wrong side of a trend. From peak to bottom, OPK has sold off from 10.25 to as low as 8.91. The circled culprit was the candle outside the upper bollie. As I've mentioned many times, it is always a good idea to peel off a few shares, if not all, when that occurs. GLTA
As I mentioned on March 2 (link back), I sold my last 1,000 shares of OPK (NYSE) at 9.98. I have not yet repurchased as the FullSto and MACDs are curling and crossing to the downside. I would rather wait and be safe than to be on the wrong side of a trend. From peak to bottom, OPK has sold off from 10.25 to as low as 8.91. The circled culprit was the candle outside the upper bollie. As I've mentioned many times, it is always a good idea to peel off a few shares, if not all, when that occurs. GLTA
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