$OMI Multi Month Base with Cheat Building$OMI nice multi month base with right side trend break and nice tight cheat. Yes, my setups all look the same lol. Zoom out, its a nice big base. Zero distribution days on the right side of the chart and vol pattern looking decent.Longby TaPlot774
OMI oversold! Price target and stop lossOwens & Minor, Inc. (OMI) oversold on the daily! Based on support and resistance we have: Price target: 38usd Stop loss: 26usdLongby TopgOptions6
OWENS & MINOR INC (OMI) - BreakoutMarket structure: Uptrend Setup: Breakout Currently market is in an uptrend, Price consolidating around 34.07 - 39.45, having a confluence of 20MA starting to support the price, looking forward for price to go higher if price break through 39.60 area. Will trail stop loss accordingly to my trading rules. Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.Longby AhKeongTheTraderUpdated 0
Long | OMINYSE:OMI Possible Scenario: LONG Evidence: Price Action TP1: ~30.92$ This is my idea and could be wrong 100% Longby shksprUpdated 110
OMI is bullish, flagging its way upward Sell zones and target indicated on the chart, buy the flag break out or the bottom of the flag channel with a stop at 21$ Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!Longby ChartoholicUpdated 1
Second target hit $30 on $OMIDid you get some ? As you see ..Trading is simple but we tend to make harder . Price action is all you need . Price and volume and you have to know how to draw lines too..by K-alonzi221
$OMI Long Idea1) Price is above the 13 sma for week and month 2) AO is positive for week and month 3) Elder Impulse is green for week and month I have been in and out of this for the past year... if I had only hedl ;) Will look to get back in if I have the funds. Lets see if it can get back into the 40s.Longby Senor_Puts1
$OMI Owens & Minor Trade Setup Potential entry above $ 29.00 Target price $ 33.50Longby RedHotStocks1
Descending Broadening WedgeA tutorial post about the pattern : Descending Broadening Wedge . Do not go all in once because i posted it . It's a tutorial , learn , watch then trade .Educationby K-alonzi3
OMI: $33 WatchOMI is consolidating again with support. Look for an opportunity near or at the 50MA but set a stop loss below the 50 as it may want to move to the redline support before making a move up again. Longby DaBears1110
Dogs can't operate medical equipment... But cats can. In summary, this company has alot of debt, but also a very favorable macroeconomic environment for right now as well. This could be the start of a new uptrend but it has risen at an astonishing level and should see a correction soon given the massive amount of overhead supply for this stock. No positions yet but watching closely. TA+personal opinion=not investment advice / Best of Luck!Shortby kingmidasLXIX112
OMI: $20 WatchOMI is currently consolidating with support. Looks like $17.65 to $20.90 upside. This stock is great to hold long - Major cup and handle and could hit $33 soon. Check it outLongby DaBears1Updated 4
Owens and Minor Long AFThis is a stock with strong fundamentals. There are a few key things about this one.The true bottom should be the 30 week MA at 4.50 and that would be amazing getting in at that price but... I feel like this stock has held up pretty well in the recent whiplashes in the S&P 500 and more importantly the 30 week moving average is pointing it straight up so I believe this will not drop any further. If it does, then capitalizing on the drop by buying it would make sense, assuming the market itself isn't taking a shit. Furthermore, you can see the MACD signaled this a few weeks ago, I love the MACD community indicator by ChrisMoody because it shows you a green or red blob when it crosses over. Then promptly after the MACD signal, the RSI crossed over on it's average and it's now centered. I think this stock has the momentum to push up rapidly in price. It's hard to say but around 13-15$ seems chill for a short term sell goal.Longby eneakumeUpdated 4
Company raises earnings guidance for full-year 2020Company raises earnings guidance for full-year 2020 - expected to benefit from improved productivity and increased manufacturing output in response to unprecedented demand for personal protective equipment, an earlier than expected increase in elective procedures across much of the country, favorable product mix, and operating efficiencies. -Additionally, the Company is revising its outlook for full-year adjusted net income from $0.50 to $0.60 per share on a constant currency basis to adjusted net income of $1.00 to $1.20 per share. The Company expects that foreign currency will have a minimal impact on adjusted net income per share for the full year. finance.yahoo.com by AlenCiken3
$OMI Quick Scalp$OMI May investors liked the price in the small range higher from where it currently is. Looks like there is an opportunity to be able to scalp a quick 3-5% on the stock if it is able to move over 7.75 (.5 FIB) Stock appears to be slower moving than the rest of the market. Would use a hard stop loss of 6.90. MACD and SMI both are sending bullish signals. It does appear that the 3 past price spikes get sold off pretty quick so be quick when you see profit. Longby IMF_Trading4
OMI Channel/Wedge Breakout Maker of wide array of medical equipment seems to not have participated much in the Covid hype, my guess is it catches up. Why do I make such a bold claim? 8 months consolidation atop 200 day MA with 200 MA beginning to slope upward Upper trend of parallel channel now acting as support Shorter term wedge breakout has occurred (actually a little late to the party with stock up 11% today) RSI breakout appears to me to be set to occur upon break of longer term downward trend line, weekly chart shows 8 month RSI upside breakout imminent Confident buy above $8, and especially if you see your other Covid PPE faves popping ($APT, $LAKE, etc) Of course the gap between $10 and $14 is something to consider. Longby ETrades1337
$OMI gets a boost from CNBC appearance Unlike other mask suppliers OMI has not seen the parabolic moves in stock price, Fridays appearance with Jim Cramer on CNBC has turned that around by Bullishcharts4443
Owens & Minor Inc COVID-19 suppliesThe stock jumped Monday after CNBC highlighted the companies efforts to step up production to meet the demand for their protective products as a result of COVID-19 Longby DEXWireNews11