$OMG making a correction before further up
Updated
Previous set up hit the target in that spike.
Looks to me that OMG is making a correction after this push up which seems to be caused by a photo 4 people standing in front of a Google-logo ;-)
I saw a bearish divergence on MACD which makes me think, it might retrace towards the blue box.
On biffer TF I'm expecting more up, maybe next pump is a picture in front of American Express office, or whatever :-)
I'm kidding a bit, I think OMG has big potential.
Tradingadvice: follow pricemovement, if it breaks the trendline with a big bullish candle, we already have the breakout for up, otherwise let it fall back to the blue box and look if it bounces in that area.
Looks to me that OMG is making a correction after this push up which seems to be caused by a photo 4 people standing in front of a Google-logo ;-)
I saw a bearish divergence on MACD which makes me think, it might retrace towards the blue box.
On biffer TF I'm expecting more up, maybe next pump is a picture in front of American Express office, or whatever :-)
I'm kidding a bit, I think OMG has big potential.
Tradingadvice: follow pricemovement, if it breaks the trendline with a big bullish candle, we already have the breakout for up, otherwise let it fall back to the blue box and look if it bounces in that area.
Note
Lets go up now after that dump into the blue box
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