OMG short

22 sept. 2017

Steady downward trend on OMG, broke out of channel but quickly reentered it. Fib retracement and next support line align at .50 suggest a short to 7.11 seems promising, could go lower but need an eye kept on it. As always do your own TA.

Cheers

22 sept. 2017

Note

Wait for confirmation OMG is staying in trendline after the previous breakout... if it does short with caution...

22 sept. 2017

Note

Secondary breakout of trendline and higher low needs monitoring could be consolidation and signs of reversal. Tread careful

22 sept. 2017

Note

OMG broke out and seems to be have gone into trend reversal... tight stop loss triggered.. can't win em all