Opko Health Inc. Message Board

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Biotech / Medical : Opko Health Inc.

OPK 1.300

-0.8%

9:30 AM EST

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To: Jibacoa who wrote (161)	2/4/2016 4:22:57 PM
From: Jibacoa	of 183

OPK closed up 8.34% on volume of 4,098,021 about 294Ks below its ADV.<g> The stock closed above the EMA10 and EMA20 on its daily chart.<g> The resistances to watch are the Jan13 H at 8.95 and then the EMA50 which is at 9.09 at present. <g> stockcharts.com If the YHOO's data on shorts is correct, there were 66.84Ms shares short as of Jan15. At today's average volume, it would take 16.31 days to cover, which is more than 3 weeks of trading.<g> But the shorts are probably waiting for the stock to close above the EMA10 on the weekly basis, before their panic buying may start, and that level is still at 9.07 close to to the EMA50 on the daily chart.<g> stockcharts.com Bernard

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