Omisego recently made new highs. The question is, should you buy this level? I personally do not like buying at new highs, because the chance of it rolling over is high. Often time you will find new highs will be followed by a retrace back to multiple previous support area. But at these level, opportunities are presented if you can identify them. Here I see a bat formation forming to retest the new high. This trade can give us a 17% with a 5% loss. What are your thoughts?
Trade with care.
Trade with care.