High, high confidence on further downward moves on this one. Not often we get an immediate confirm of pivot that we can show off on TradingView, but today is our (and your) lucky day. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation...
Also #OMP has developed a nice setup. A new high was formed under high volume well above the cloud. The buyers predominate in this market. Also in the weekly chart, OMP is clearly above the cloud. The opening will be exciting! Good Trades!
After NASDAQ:OMP made almost 80% today , this analysis might prove helpful for people thinking about joining the bulls .I think although this stock is showing very considerable bullish strength , one has to wait now for a confirmation before buying .There are a lot of stocks that skyrocket for a short while and then price stops rising afterwards , so waiting...