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Jul 2, 2014 3:12 PM

Omega Protein - cup and handle on weekly  Long

Description

Although there is a gap to fill, on a weekly looks like a cup and handle. With this, the long term lows are higher than the previous ones, and the cups handle closed the same range as the cups edges. A slight higher high on the handle side, but a lower high on the intraday trading was made on the handle's end. Volume is within the normal range on the handle what may violate the formation. On your own risk.
Comments
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Watchout! a good place to buy, or a place to sell - so far it has been support, but can quickly be broken in this market
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