$OMG needs just little bit of momentum
OOMG is in the squeeze. Level around 8.0 shows up as a strong support. We have 25, 50 and 200 MA all around the same level. RSI looks bullish.
Now we wait for the confirmation, if the price breaks the line of the symmetrical triangle upwards it's a clear bullish sign and in that case our first target is 9.55. Later, I could expect OOMG to move to 12.5.
Otherwise, next support is at 7.27 and bellow that at 6.
Now we wait for the confirmation, if the price breaks the line of the symmetrical triangle upwards it's a clear bullish sign and in that case our first target is 9.55. Later, I could expect OOMG to move to 12.5.
Otherwise, next support is at 7.27 and bellow that at 6.
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