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OPT Ocean Pwr Di

355.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ocean Pwr Di LSE:OPT London Ordinary Share COM SHS USD0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 355.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 355.00 GBX

Ocean Power Technologies (OPT) Latest News

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Ocean Power Technologies (OPT) Discussions and Chat

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Date Time Title Posts
27/9/201211:05Index/Equity - Traded Options1,824
09/5/201108:37Ocean Power Technologies - charged up and ready to motor750
19/10/200909:13OFF Balance Sheet items,and OPTIONS to be Classified as Expenses.48
19/5/200815:11Options trading12
28/4/200719:54BAB OPT press - see it all2

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Ocean Power Technologies (OPT) Top Chat Posts

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Posted at 10/3/2012 17:42 by andonis
FTSE should rise first on Monday before retracing....
Posted at 08/3/2012 10:50 by andonis
12953 for the dow is a spit distance from here and it is 423% of 12875 the little peak of 7am this morning. Heading that way it seems. Also 12949 very close to 12953 is 161% of the price distance from the minimum 12737 to the peak 12817. So it may well rest when it hits those levels and a short there may well find some profit perhaps down 50 points to 12900
Posted at 08/3/2012 10:04 by andonis
The ink has not dried yet and this rise would support the case that MC2-10 has occurred. Support mind you not proof yet for that to be sure we have to wait for 13k+ but there is PLENTY of time for that... A retrace down today is not a problem as this rise has more than accommodated a lot of room for falls while maintaining the upward momentum. The markets are UP no real problem yet whatsoever...
Posted at 04/3/2012 10:26 by andonis
n. If price and time coincide on 29th, that is point 9 and hence 9, 7 are highs hence your count must be the other way round, red odds high.
Posted at 01/3/2012 01:56 by andonis
Elliott Wave counts for FTSE progress from previous post...
Posted at 29/2/2012 22:05 by neilbuc
Oohhhh Hello there fibo cluster in time and price!

Keep a close eye on this. Outside Reversal candle too.



Uploaded with
Posted at 07/12/2011 11:00 by neilbuc
Adonis-----sent you a PM. That should get you in the right direction.

So, 2nd week of Live Trading my 15M system I developed 2 months ago.
What I have learned so far:
1. Work can leaded to missed signals!
2. The spread can be a pain if the stop is close. e.g a 10pip risk and the spread is 3pip.....30% to get over.....boo!
3. Take all signals. You must trade your tested plan....no exceptions.
4. Remember to get up at 7:30am!!

Results:
Week 1: -1.49% (2 days missed slept in/holiday)
Week 2: +3.25% (missed some really good trades due to work)

To put it in perspective, on the Demo with back testing 7:30-15:30 only as per live account the results are:

Week 1: +36.7%
Week 2: +16.8%

Incase anyone wants to see the plan here it is:

1. I will use the Strategies taught by Dynamic Trader to identify the overall trend direction. This is based of Price and Time Patterns following simple Elliot Wave theory. I will also use Matrix/Delta theory to identify swing lows and highs.
2. I will perform weekly weekend analysis to determine the Pattern and Trend and record what to look out for the coming week.
3. I will use 1Bar Trailing High/Low to enter a 2 unit position only when the Dual Time Frame Momentum studies correlate, i.e. If the Daily is Bullish I will enter on the nest 60m Bullish reversal.
4. I will only risk maximum of 1.5% capital exposure on any trade. (2 unit split)
5. I will only close the 2nd unit manually if there is a compelling reason to do so. Other time SL will be adjust to allow the market to take me out as per the Price and Pattern.
6. When trading FTSE inside my ISA I will trade only the MC2 Matrix points.
7. When trading Forex 4H system. I will not take counter trend trades.
8. I will trade 1H Pattern Forex System and take only well formed Morning Stars and Evening Stars that correlate to the overall trend direction, i.e if the trend is up I will wait and take a Morning Star or Bullish Engulfing setup.
9. I will not make any trades on Interest Rate decision day or Non-Farm Payroll days.
10. If using 1H to enter a 4H MACD Trade, only take Trend Continuation setups.
11. I will also set a Target Price when sleeping.
12. Always wait if you miss a 4H entry, enter on 50% pull back of next 4H candle only. Otherwise no entry.
13. Try to make trades that have less that 60pip Stop Loss. Any more split positions.
14. When Trading options I will allow larger risk. I will try to take on cheap options and the end of trends and at MC3 Matrix points or at EOW patterns e.g. End of Wave 5,
15. Day Trading is on 15M system. Only FTSE, SPX,DAX,EURO,CABLE and SWISSY. Between 07:30 and 15:30.
16. 15M system has a 30 pip SL max, no exceptions. If it is more due to movement away from candle close, wait for it to retrace but only in the next 15m candle.
Posted at 26/11/2011 12:42 by lokesh8
Looking at the S&P closing on Friday...we were given a Inverted Hammer

Description
The Inverted Hammer is comprised of one candle. It is easily identified by the small body with a shadow at least two times greater than the body. Found at the bottom of a downtrend, this shows evidence that the bulls are stepping in, but the selling is still going on. The color of the small body is not important but the white body has more bullish indications than a black body. A positive day is required the following day to confirm this signal.

Criteria
1. The upper shadow should be at least two times the length of the body.
2. The real body is at the lower end of the trading range. The color of the body is not important, although a white body should have slightly more bullish implications.
3. There should be no lower shadow, or a very small lower shadow.

Signal Enhancements
1. The longer the upper shadow, the higher the potential of a reversal occurring.
2. A gap down from the previous day's close sets up for a stronger reversal move.
3. The day after the inverted hammer signal opens higher.
4. Large volume on the day of the inverted hammer signal increases the chances that a blowoff day has occurred.

Pattern Psychology

After a downtrend has been in effect, the atmosphere is bearish. The price opens and starts to trade higher. The Bulls have stepped in, but they cannot maintain the strength. The exisiting sellers knock the price back down to the lower end of the trading range. The Bears are still in control. But the next day, the Bulls step in and take the price back up without major resistance from the Bears. If the price maintains strong after the Inverted Hammer day the signal is confirmed.

So Niel your S&P "Call" options are well placed. :-)
Posted at 14/10/2011 10:34 by lokesh8
Eleven Momentous Market Days

For most investors, August and September in 2011 were the most miserable – and memorable - months in nearly three years.

The stock market's volatile swings stunned investors, sending many into Treasurys. The market has not seen consistent volatility this extreme since the financial crisis in 2008.

Even more interesting, the majority of the most volatile days of the year occurred in these two months - right down to the last day of September, when the S&P 500 fell 2.5 percent and a key volatility index hit 43.

The eleven most momentous days of 2011 - based on the S&P 500's percentage price change, trading volume and VIX level - and the events that made these days so extreme.


February 22, 2011

Price Change: -2.05 percent
Trading Volume: 4.36 billion shares
VIX Index: 20.8
Trigger: Libyan Turmoil

The escalating unrest in Libya, where ruler Muammar Gaddafi vowed to crush any revolution, lifted April crude oil futures more than 8.5 percent, a high for the year that still has not been surpassed. This sent stocks tumbling, on what was then the second heaviest volume day of the year.

Until this point, the chain of civil unrest in Arab states - which included the resignation of Egyptian President Hosni Mubarak – had not impacted any major exporter of crude. Events in Libya, however, raised concerns that unrest could disrupt the flow of oil from other key producing countries.


March 16, 2011

Price Change: -1.95 percent
Trading Volume: 4.76 billion shares
VIX Index: 29.4
Trigger: Japan's Nuclear Meltdown

Trading was extremely choppy as investors tried to understand the economic impact of the catastrophic 9.0 earthquake in Japan. On this day, the U.S. Embassy in Tokyo advised American citizens who lived within 50 miles of the damaged Fukushima Daiichi nuclear plant to evacuate. Investors worried the damaged reactors could potentially create even more economic chaos if radiation continued to leak.


August 4, 2011

Price Change: -4.48 percent
Trading Volume: 5.47 billion shares
VIX Index: 31.66
Trigger: Weak Payrolls Report

Stocks plummeted on anticipation of a weak non-farm payroll and unemployment rate data due out the following day, and rumors of an imminent downgrade of the US long-term credit rating. After weeks of public bickering, Congress missed the August 2nd deadline to raise the US debt ceiling, sparking fears of the unthinkable - the triple-A rating of the U.S. could be downgraded.

August 8, 2011

Price Change: -6.66 percent
Trading Volume: 7.49
VIX Index: 48
Trigger: S&P Downgrades US Credit Rating

On the most dramatic day of the year thus far for US stocks, the S&P 500 logged its biggest one-day percentage decline amid record trading volume. This gloomy Monday was a direct result of the previous Friday's big news, announced after the market closed, that the United States lost its top-notch triple-A credit rating. Standard & Poor's said the move reflected the lack of a credible plan in Washington to attack the nation's long-term debt.


August 9, 2011

Price Change: 4.74 percent
Trading Volume: 7.12 billion shares
VIX Index: 35.06
Trigger: Fed Signals Low Interest Rates

The market had its biggest up day of the year, right after its largest drop of the year. Driving the rally was the Federal Reserve's FOMC statement , saying it would keep interest rates exceptionally low until at least mid 2013.


August 10th, 2011

Price Change: -4.42 percent
Trading Volume: 6.57 billion shares
VIX Index: 42.99
Trigger: French Bank Exposure to Greek Debt

On the back of US credit downgrade, rumors of a French sovereign debt downgrade sparked another huge selloff. Fears of a Lehman-style event in the French banking system - because of the banks' large exposure to Greek debt - drove investors to the safety of US Treasurys.

Similar concerns hit US banks. Bank of America, was particularly hard hit, despite reassurances from CEO Brian Moynihan that the US banking conglomerate was not in need of additional capital. Shares of Goldman Sachs, Morgan Stanley and Citigroup also plunged, losing more than 10 percent.


August 11, 2011

Price Change: 4.63 percent
Trading Volume: 5.72 billion shares
VIX Index: 39
Trigger: Strong Cisco Earnings

The stock market swiftly reversed course again, as strong earnings from tech-giant Cisco Systems provided a welcome respite from the gloomy news in the financials sector.

Weekly jobless claims released in the morning also contributed positively, as the report showed fewer Americans joining the unemployment line the prior week.


August 18, 2011

Price Change: -4.46 percent
Trading Volume: 5.1 billion shares
VIX Index: 42.67
Trigger: Falling Philly Fed Manufacturing Index

Fresh signs of economic weakness triggered this selloff.

The closely watched Philadelphia Federal Reserve's regional manufacturing index dropped to minus 30.7 in July, which indicated severe a contraction in economic activity during the period. The number was far worse than expected and one of many suggesting weakness.

August 23, 2011

Price Change: 3.43 percent
Trading Volume: 4.05 billion shares
VIX Index: 36.27
Trigger: FDIC

Stocks bounced back, following the morning release of an FDIC report saying US commercial bank earnings rose sharply to $28.8 billion in the second quarter.

The report also showed that bank-loan portfolios grew for the first time in three years, and loan balances posted a quarterly increase.

The absence of negative headlines out of Europe also helped.


September 22, 2011

Price Change: -3.19 percent
Trading Volume: 5.62 billion shares
VIX Index: 41.35
Trigger: Operation Twist

It took a day for the Federal Reserve's latest monetary stimulus package to sink in, but when it did people might have been thinking of Bernanke's words at the "Operation Twist" news conference the day before. "There are significant downside risks to the economic outlook, including strains in global financial markets".

The Fed's plan to sell $400 billion in short term treasuries in order to invest that amount in longer-term Treasurys was clearly no tonic.

As a kicker, reports out of China showed weaker-than-expected manufacturing growth, causing worry about its ability to prop up the global economy.


September 30, 2011

Price Change: -2.05 percent
Trading Volume: 3.57 billion shares
VIX Index: 42.96
Trigger: European Debt Crisis

Worries over the debt crisis in Europe hit a new peak, as losses in the banking sector made a crisis spill-over into the financial system a tangible reality.

Morgan Stanley (MS) plunged over 10 percent. Bank of America (BAC), JPMorgan (JPM) and Citigroup (C) also fell sharply.

Adding to the market fears, economists at Goldman Sachs predicted a 40-50 percent chance of recession in the Euro zone, as a result of the debt crisis.
Posted at 25/9/2011 12:36 by lokesh8
LINK/PLAN


Rule #1 - Trade with the Market, Sector and Stock
This sounds like a simple rule, but it's an easy one to forget. Most of the time, when we're ready to enter an option trade, we're familiar with the trend for the stock. This is usually what attracted us to the trade in the first place. Checking the trend of the stock isn't enough. Before placing an order for the stock or its options you must clearly understand the direction of the general market, and market sector for the stock. Be sure that the market and sector trends are moving in a direction appropriate to your strategy.
There are 27 market sectors, (the Banking and Technology sectors for example) comprised of 247 Industry Groups as determined by Standard & Poor's. Every publicly traded company falls into one of these industry groups. It's incredible to see just how much industry group performance can influence the price movement of a stock. Companies are lumped together into a given industry group based upon the products or services they offer. Often each of the companies in a given industry group sell to the same client base. This is the reason that bad news from one company will tend to drive down the price of other stocks in the same group.
An example of this was the Enron fiasco a few years ago. There were a number of healthy utility companies that shared industry group placement with Enron prior to the discovery of questionable practices within the company. Once word of the scandal reached the public, the entire group dropped like a rock. Investors didn't know whom to trust within the group. As a result, even the "good" companies were punished.
Before we enter the trade, check the trend of the general markets, the specific market sector, industry group, and the trend of the stock.

Rule #2 - Have an Exit Strategy Prior To Entering the Trade
Before you ever enter a trade, you should prepare an exit. Not only will this prevent you from being paralyzed into inaction in the event the trade begins to go against you, it will also help you to recognize when you should be happy with the profits.
When should you be happy with the profits? If you answered, "Never!" you may have a problem.

Try this: When you're ready to enter a trade, instead of buying one contract, buy two. That way, when you first feel excitement over a great trade, you can think, "Should I be happy with this profit?" If so, then consider selling one of the contracts, leaving the other contract to run until you see sell signals. The secret here is to remind yourself: "I'll never go broke taking profits off of the table."
Another strategy is to analyze the stock chart for patterns of support and resistance. Try and identify the average move when the stock rises. If the stock tends to rally 20 percent each time it has a breakout, expect this run to be no different. Plan to exit near the 20 percent level.
Ask yourself when "good enough" should really be considered "good enough." Set exit points relative to the average move in the price of the stock, and exit in a timely manner. Consider selling half when you're happy and let the other half ride until your exit point is met, or until you receive sell signals. Enter Stop Loss triggers.

Rule #3 - Beware of Upcoming Announcements
Life is full of surprises. Hopefully, your investments are as free as possible from the sorts of surprises that tend to lose money. Fortunately, there are specific announcements that are easy to plan for, such as quarterly and annual reports. Watch the news items for your stocks, and mark your calendars to expect announcements. If you know that the last earnings announcement for a given company was May 20th, plan that the next announcement will be three months later on August 20th. It may not actually fall on that day, but you will know roughly when to expect it. A quick bit of research to identify the fiscal year-end and reporting periods for a stock will go a long way towards preparing you for the unexpected. You can find the Fiscal Year-End and quarterly reporting periods for your stocks by clicking on the "Company Profile" link on the left side of the page from the Corporate Snapshot page. This information will show you when the stock closes its books for the year, but it doesn't tell you exactly when the results for that year or quarter will be announced. Check the news for that information. Most companies will let investors know when to expect the actual announcement.
Watch for patterns in other relevant news. For example, whenever the Chairman of the Federal Reserve speaks, reverberations are felt in the markets. If he were to hint at an increase in interest rates, ask yourself if the stocks or options that you are currently trading would feel the influence of his comments. Watch the reactions of the market. This is one of those times when running with the herd may be a good thing. If your holdings drop in value on his comments, protect yourself. Consider exiting the trade. Make sure that you have stop-losses in place prior to the announcement. An appropriately placed stop-loss is the next best thing to knowing the future.
Schedules for reports and events from the Federal Reserve are available on the Web at
Check to see when the stock reports its quarterly earnings. Look for an announcement three months later on the same day. This may not give you the exact date, but you can fine-tune the date by following the news. Check to see when key economic reports are due for release.
Conducting a nightly review of your holdings is imperative to investing success. If you would like to build your wealth, you simply cannot afford to ignore your investments. As part of your nightly routine, you should check the stock charts for each of your holdings, as well as the market news for each. Review the information. See if the charts or news items would direct you to sell your positions. This is also a great time to review the placement of your stop-losses. Conducting this analysis should take you no longer than 15 minutes each night. Armed with information regarding your positions, you can submit orders for action the next morning.
There is no excuse for being uninformed with the events of your stocks. If you begin to notice weakness in the chart patterns for your holdings, consider exiting your trades, unless of course you're using Bearish strategies! Review the placement of your stop-losses. Consider adjusting them in order to protect yourself from unexpected news.
Ocean Power Technologies share price data is direct from the London Stock Exchange

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