Optex Systems Sees Bullish and Bearish Marubozu Patterns in 15-Minute Chart

Optex Systems' 15-minute chart has triggered a Bullish Marubozu and Bearish Marubozu at 13:00 on August 7th. This suggests that buyers currently dominate the market and a continuation of bullish momentum is likely, while sellers are in control and bearish momentum is expected to persist.

Optex Systems (NASDAQ: OPXS) has secured a significant contract from General Dynamics Land Systems – Canada. The company has won a $1.6 million firm fixed price order for the development and delivery of laser-protected periscopes for armored vehicles. Deliveries are scheduled for fiscal year 2026. This contract is a notable addition to Optex Systems' portfolio, particularly in the defense sector.

The contract announcement comes at a time when Optex Systems' stock has shown positive momentum. On August 7th, the company's 15-minute chart triggered a Bullish Marubozu and Bearish Marubozu at 13:00, indicating strong buying pressure and potential for continued bullish trends. This market signal suggests that buyers currently dominate the market, while sellers are in control and bearish momentum is expected to persist.

Optex Systems' recent earnings call and financial performance have been favorable, as indicated by the company's Q2 2025 earnings call transcript. The contract win is likely to bolster investor confidence and contribute to the company's ongoing growth.

For more information on Optex Systems, please refer to their latest press release and earnings call transcript.

References:
[1] https://seekingalpha.com/news/4478451-optex-systems-wins-16m-defense-contract-for-laser-protected-periscopes