Bollinger bands are spread pretty wide, the macd is below 0, stochastic is approaching I believe overbought, the money flow is very positive and the volume is at 4 mil. plus. These signs do not look very good to me but wheneve I look at this one I get a gut feeling. It's like I'm missing something. Can someone give me some thoughts please?
posted
Forget bollinger bands, MACD and money flow indications on this stock. Had I followed those indicators back when the stock was trading at 0.0002, I would not have bought 3.5 million shares at that level and then sold them a couple of months later at a penny. OMOG has been very volatile lately. I expect OMOG to consolidate its recent gains fromthe 0.0002 level at or around the 0.0005 level for a short while before moving back to test the penny level again. I rebought my shares when the stock dropped from a penny to 0.003. The chart technicals still look good and the uptrend remains in tact.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
