OMG is coming to the 61.8 fib retracement and strong support trendline, it has wicked off but I expect it to make another retest of it due to the low volume bounce.
If we get a good volume resumption upward, this will be a great long entry.
If we get a good volume resumption upward, this will be a great long entry.
Comment:
This could be another way to draw the trend line
Comment:
Unfortunately the trendline has had to be readjusted, it's either a very cautious wedge, or a descending triangle. Thankfully my buy signal did not happen. I will only buy if there is a big volume bounce