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OMG short

Atualizado

Steady downward trend on OMG, broke out of channel but quickly reentered it. Fib retracement and next support line align at .50 suggest a short to 7.11 seems promising, could go lower but need an eye kept on it. As always do your own TA.

Cheers

Nota

Wait for confirmation OMG is staying in trendline after the previous breakout... if it does short with caution...

Nota

Secondary breakout of trendline and higher low needs monitoring could be consolidation and signs of reversal. Tread careful

Nota

OMG broke out and seems to be have gone into trend reversal... tight stop loss triggered.. can't win em all

BrenFren

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