Recent insider buying in bull stock price signals confidence in the firm’s growth path, closing the day at $54. For what it's worth, Powell isn't alone in cautioning Wall Street, investors, and everyday Americans about potentially inflated asset values. In December 1996, famed Fed Chair Alan Greenspan delivered a speech at the American Enterprise Institute, where he introduced the now well-known phrase "irrational exuberance" to describe a rapid increase in asset valuations during the advent and proliferation of the internet. Notice how the 200-day (blue line) moving average is sloping up. The stock appears to be finding support at this critical level, providing investors with a low-risk entry point. With both strong fundamental and technical indicators, OPFI stock is poised to continue its outperformance. Traders watch closely for a break beyond $55.40 to open the path towards the $58 psychological barrier.
