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Thursday, May 10, 2012 6:44:47 PM
Appreciate the respect
OPHC- Another green close today & holding up very well at the moment. This will need to see more volume if it has any chance at a solid reversal. Avg 10 day volume is 440k. It has been well below that the last couple of days so we need to see the volume increase and for it to break and close above the 200dma first. I like today's hammer candle formation, it could be setting up for a nice push up soon.imo
If we get a reversal here my short term target is 1.50-2.00 range, approx between the 10dma & 20dma.
Many Financials are down in AH this evening, this might be a negative with OPHC PPS tomorrow, we shall see...
Best of luck!!
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