Panjang
Ready for push toward 0.5 fib and beyond
I think OMG is ready for a nice push up after the recent correction based on this daily chart.
-Forming a nice ascending triangle between 0.5 fib and trendline. Trendline has been a strong support in the past.
-Stoch RSI bottomed out. As can be seen in the chart, a bottomed out Stoch RSI has always caused a nice bump in the past.
-And last but not least, a Golden cross has formed about 5 days ago.
-Volume could be better but it's not terrible.
Happy trading!
-Forming a nice ascending triangle between 0.5 fib and trendline. Trendline has been a strong support in the past.
-Stoch RSI bottomed out. As can be seen in the chart, a bottomed out Stoch RSI has always caused a nice bump in the past.
-And last but not least, a Golden cross has formed about 5 days ago.
-Volume could be better but it's not terrible.
Happy trading!
Nota
Trade still active if the daily closes on or above the support line.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.