Just in: A prominent stock has collapsed!

PUBLISHED: 02 Nov 2020 @ 08:25 | Comments (0) | More info about Azeez Mustapha

Optibiotix Health Plc stock (LSE:OPTI) has collapsed again and it is going further and further downwards. Price has tested another great demand level and it may even reach another all-time lows.

In the last several months, the stock has swung high and low. Currently, it is collapsing, after trending higher in early October 2020. It has now gone below the EMA 21, trending further downwards.

The Williams’ % Range period 20 is already in the oversold situation. The means, while the market may make rally attempts in future, the bearish pressure will remain for some time. Price will continue going downwards, towards the demand levels at 35.00, 30.00 and 25.00.

Those is the next targets for OPTI, for the next several months.

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