OTRK had a classic double top at the 80.00 mark setting that as resistance. Alternatively you can see a cup and handle forming on the daily starting from OCT to today. There's more, OTRK also based itself above the 90-day MA closing with a bullish engulfing candle on 1/15. Now we can chit chat a bit.
OTRK recently had an offering and raised 39 Million. When a company raises cash that means it's looking well into the future and in this case OTRK's AI driven telehealth service has it's eyes set on something new. I quote "Ontrak’s AI driven approach can help health plans identify seniors at risk for high costs from undiagnosed behavioral health conditions and who are most likely to benefit from treatment."
With this pandemic seemingly not slowing down. I see a great opportunity to help the elderly in need, keeping them safe using telehealth services, and furthering the development of AI based medical treatment.
This ticker is one of my top picks with the Dems taking charge during this term.
OTRK recently had an offering and raised 39 Million. When a company raises cash that means it's looking well into the future and in this case OTRK's AI driven telehealth service has it's eyes set on something new. I quote "Ontrak’s AI driven approach can help health plans identify seniors at risk for high costs from undiagnosed behavioral health conditions and who are most likely to benefit from treatment."
With this pandemic seemingly not slowing down. I see a great opportunity to help the elderly in need, keeping them safe using telehealth services, and furthering the development of AI based medical treatment.
This ticker is one of my top picks with the Dems taking charge during this term.