OMG - 1/14 - Ascending Wedge - Will it break up or down?
OMG is forming an Ascending wedge, which has a Bearish bias (more likely to break down), however it got a boost above the moving averages and the MACD crossed, signaling it could continue upwards. We will have to wait and see which way it goes. Volume is low, so keep an eye on that and wait for a breakout confirmation bounce.
*I am not a financial advisor*
*I am not a financial advisor*
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