NYSE:OMN OMNOVA SOLUTIONS INC
The share has completed a reversal behavior, the price has completed an inverted top pattern over the weekly time scale, suggesting action likely in the upcoming months.
- Breakout below the neckline of the
-Breakout below the long term 52-week
-Violated the rising for the
-Price completed a retest to the broken neckline, showing renewed selling pressures
I am targeting 7.55 as a first downside target, then 6.40. Stop could be with a weekly closing above 9.00.
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