Opportunity for a massive short squeeze. Need volume to confirm a short squeeze is taking place. Stop below today's low. Short float >20%. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
In 2021 Omeros Corporation (OMER) delivered great results, net income was $194.2 million or $3.12 per share VS a net loss of $138.1 million or $2.41 net loss per share in 2020. On 1/18/2022 Cantor Fitzgerald Lower Price Target for OMER from $34.00 to $20.00. I think a reversal to the $8.50 resistance is possible. Looking forward to read your opinion about it.
$OMER - Renko (90 ATR, 90 min) we use stoch/mfi/rsi together with default settings. this is a very choppy chart to analyze if you chart it normally. renko allows us to filter that choppiness. Stoch oversold, MFI on trigger zone, RSI moving to oversold zone. we must wait for the price to reverse to neckline before we make entry ( > $12.50 ) also this may be a...
OMER was a beautiful flag pattern & we had a wonderful run with it from $20 to $27. It seems forming a flag pattern again. We think it has good upside potential if it can break out $22.23 area. * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- Potential Flag formation Entry Target Criteria- Break of $22.23 Exit Target Criteria- $24.83 Stop...
OMER has been testing the resistance area overhead, it's also starting to consolidate around the 52 week high. If this gets some legs tomorrow I'm going to be watching for a breakout through the 16.50's area for a run
OMER has completed an AB=CD pattern with the last drop. Now it has a good news that could drive this stock to the upside. First potential target 9,08 second target on chart.