MOMENTUM STOCK: Opera starting to recover?

OPRA is starting to look interesting again. After a MASSIVE 600% run followed by a deep 60% pullback some of the signals are showing some life might be coming back in the stock.

• We are past earnings so hopefully no more surprises to come.
  
• The RSI is heading back up
  
• We got a deep cross of the MACD over the signal line, well below the zero line
  

Might need to wait for confirmation but could be one to watch. Definitely not trading advice, more just a previous runner that might be changing direction.

Commentaire:

Sell off continues. Next lot of earnings not too far away.