UPDATE: OPTT needs a catalyst.

The weekly fell through my identified trend but looking at the weekly chart it bounced off the 50day moving average. I will be looking at the MACD signal closely, the Technology Business Tax Certificate Transfer Program they received doesn’t seem so impressive and garners more questioning like how can you sell net operating losses? Or they’re selling tech which... may not be good. However they also bounced of the POC so if a catalyst comes through target is $4 ... as always watch for headlines of “wave energy” or “alternative energy”.. and that’s my update on OPTT.happy trading...