Omnia unaudited results shows profit again and the market responded well to this news. Omnia has formed a cup and handle or flat top triangle, and a 3185 neckline break could open 3670 and even 4300 targets.
Equities | Omnia | Following the share trading at a peak of around R100 18 months ago, we saw the price test a low of 1946c on 08 July 2019. Since then the share has made a recovery, with increased volume over the last month pushing the price to a 6-month high of 3594c while firming up and developing strong momentum. Buy on a pullback toward the breakout level of...
I made an Omnia chart a while back (600%), the shares rights offer messed up the chart. The levels are still there though so I've redone the chart. Again, we could try pick some up a little lower here before continuing. This sounds and looks crazy? Let's find out! Time will show us. (This may take a while)...
Roadmap to the moon. Sounds crazy? Watch price action around the R29 area if it reaches there. After that? I'll let you decide. :-) Not financial advice.
This could lead to the second target reached sooner rather than later
Cup and handle forming. A break of 5377 could open 5690 and 5830 targets. Volatility warning. Wait for the break. Keep those stop losses in place on this one.
First target reached in a super fast time.
The puking sea turtle formation is a result of the ecosystem of the turtle that becomes toxic and as a result poisons the turtle. This can be a slow painful process for the turtle and all the codependent little sea creatures in this ecosystem. Sometimes the sea turtle survives this ordeal but codependent sea creatures are usually left scarred with psychological...
Omnia hitting very long term support. Maybe once to watch carefully going forward. Consolidation like we have seen with many other shares can take a very long time, but just maybe we've seen the worst this one has to offer.