Optec International Inc (OPTI)

[Timingpennies]

Technical Traders
Check out $0.0388 to $0.0400 Support Level. This price has been hit quite often in the past several months, going back to the end of June 2020.

This was a perfect consolidation area to have a bounce.

The MACD is crossing the Zero line on the Daily chart. The pullback these past few days was a good try to reverse the trend down and it failed. This morning shows massive technical strength. A lot of technical buyers from 10/16 until now are green and aren't selling because they see the massive potential. Not to mention all the buyers that took profits on the huge run in August and bought back in and are going to hold no matter what. They'll be green on OPTI regardless of what happens because they made so much money and already took profits in August. This thing has run over 8,000% this year. With progressively better news along the way.

Anything can happen. Manage risk. Trade with a plan. Stick to the plan.

GLTA Longs

Shorts.... Don't get stubborn. You can always re short later or pick a weak stock to short. For supply and demand reasons this has a HUGE potential to massively run. Don't let the Market tell you when to get out. If you have any experience shorting you know you are playing with fire. Some of the biggest losses for shorts are when they don't have a plan and they keep hoping rather than trading. Buy now or buy later. I'm not selling until I see pain... AKA volume.