Traders Are Bearish OptimumBank Holdings, Inc. (OPHC) After The Stock Formed Bearish Double Bottom Pattern

December 8, 2017 - By Vivian Park

The chart of OptimumBank Holdings, Inc. (OPHC) shows a double bottom with $4.42 target or 3.00 % below today’s $4.56 share price. The 5 months chart pattern indicates high risk for the $5.03 million company. It was reported on Dec, 8 by Finviz.com. If the $4.42 price target is reached, the company will be worth $150,960 less. Double bottoms are rare but powerful chart patterns.

The stock decreased 10.24% or $0.52 during the last trading session, reaching $4.56. About 40,527 shares traded. OptimumBank Holdings, Inc. (NASDAQ:OPHC) has declined 38.97% since December 8, 2016 and is downtrending. It has underperformed by 55.67% the S&P500.

More news for OptimumBank Holdings, Inc. (NASDAQ:OPHC) were recently published by: Bizjournals.com, which released: “OptimumBank appoints former FirstCity Bank of Commerce executive as CFO” on November 13, 2017. Digitaljournal.com‘s article titled: “OptimumBank Holdings, Inc. Engages American Capital Ventures for Investor …” and published on December 05, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: