OMM for Sean.
As per live chat;
10 Aug 06, 19:28
Sean: What’s your thoughts on OMM?
OMM clearly bullish Sean. The daily chart calls for the abc correctives now, after that upper profit-taking tag. The weekly shows bullish ‘booming’ channel action late in ‘05. Price then began a long symmetrical pattern for 18 months, which it broke out of in June this year to get impulsively bullish. 17.00 to 19.00 is very strong volume by price support and should provide great support should bullish patterns fail at current levels. Long-term I’m bullish on this chart and I would flip to neutral if 16.00 failed to hold. Short-term I’m in stalk mode for OMM. Wait for the ‘c’ weakness to buy into at good support, to apply sound r/r.
Daily
Weekly
Best to ya.