ChristopherCarrollSmith

Omnicell bottom triangle pattern

Long
NASDAQ:OMCL   Omnicell, Inc.
Omnicell is trying for the second time in recent history to make a bullish bottom triangle chart pattern. Most analysts are bullish on the stock, and it's spent most of its recent trading history on the upper side of the triangle. This morning the stock was repulsed by resistance at its May 6 close of 83.79. However, it may try again. Look for a close above that level to confirm the trend.

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