OMG recently broke out above its previous ath, breaking away from the 100 dma and the clouds after a recent TK cross. OMG now has support at black trend line a and resistance at the lower end of the blue channel.
If stochastics continue above 80, look for OMG to continue higher into zone 2 toward the 162% fib retracement. If we make it into zone 3, resistance will be found at the upper end of the black channel, the lower end of the blue channel, and the 262 % retracement.
If stochastics continue above 80, look for OMG to continue higher into zone 2 toward the 162% fib retracement. If we make it into zone 3, resistance will be found at the upper end of the black channel, the lower end of the blue channel, and the 262 % retracement.