$OMER - Renko - Bullish trend reversal

Shahkulu Premium Updated   
NASDAQ:OMER   Omeros Corporation
$OMER - Renko (90 ATR, 90 min)
we use stoch / mfi / rsi together with default settings.

this is a very choppy chart to analyze if you chart it normally.
renko allows us to filter that choppiness .

Stoch oversold, MFI on trigger zone, RSI moving to oversold zone.

we must wait for the price to reverse to neckline before we make entry ( > $12.50 )
also this may be a good time to buy call options.
Comment: Spike on volume also hints a reversal...
Trade active: Neckline reached.

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