OPGEN is one of those stocks which could be a nice buy during these bearish times.
Some info about OPGEN: OPGEN will take over the company Curetis and merge in the near future. Curetis has developed a testkit for the Corona virus. Curetis has increased significally. This info could be the reason that OPGEN is currently in a daily uptrend.
As you can see, there has been a perfect bounce of the 0.618 fib level. OPGEN is currently facing overhead resistance from the 200 daily MA, but the daily chart is looking strong enough to keep going. The daily uptrend is supported by a strong weekly chart, which is starting to look like a rounded bottom. This could lead the price surging back over $ 6. If OPGEN can maintain its price above the 0.618 fib, this is a solid buy for me.
Buy zone: $ 2.50 - 3.50
STOP: $ 2.70
TP 1: $ 3.90
TP 2: $ 4.25
TP 3: $ 6.00
Some info about OPGEN: OPGEN will take over the company Curetis and merge in the near future. Curetis has developed a testkit for the Corona virus. Curetis has increased significally. This info could be the reason that OPGEN is currently in a daily uptrend.
As you can see, there has been a perfect bounce of the 0.618 fib level. OPGEN is currently facing overhead resistance from the 200 daily MA, but the daily chart is looking strong enough to keep going. The daily uptrend is supported by a strong weekly chart, which is starting to look like a rounded bottom. This could lead the price surging back over $ 6. If OPGEN can maintain its price above the 0.618 fib, this is a solid buy for me.
Buy zone: $ 2.50 - 3.50
STOP: $ 2.70
TP 1: $ 3.90
TP 2: $ 4.25
TP 3: $ 6.00