OMC - Looking for a breakout $89.50 to $95.00

22 mar 2017

OMC (Bullish since 2015) is completing a triangle at a 0.5 Fibonacci level that also coincides with a long term support line for an upward channel. An upward break out of the triangle would make an excellent case for going long and looking for a move up to $89.50 (triangle resistance) or $95.00 if an ABCD pattern completes.