Opko Health Inc (OPK)

[Tmguns]

Investor 100, what is there to like about that chart? I see at best a retracement up to 8.77 at best testing huge resistance the 200mda then a plummeting down resumption to retest the lows in this bear market. I sold off my position Friday, premature perhaps, but during bear markets I don't like holding over weekends, too much can happen to upset the apple cart. If we get up to that 8.77 area correlating with a 1950 area on the S&P I'll load up short and take the ride down.This relief rally I believe is a gift to be sold into and nothing else.About another two up sessions should just about do it.Remember also, with these low volumes now in the stock doesn't signify accumulation going on, its easy for the Dr.s investing arm to goose this stock up lending an upward bias with waning interest.Its very easy to do and the after hours trading should be viewed as very circumspect in nature.So beware and be informed.Good luck in your position.I don't see anything health about this chart, the point and figure chart looks very ominous to say the least.



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