Technical Trades
Technical Analysis applied to Stocks and Futures.

OMCL long; nice discount

OMCL sets up nicely for a short-term swing long at current levels. Looks like fuzzy 5th completion area intraday here at 18.60 levels. Daily chart falls back to support levels, and I like the count too, although I haven’t shown it yet. I’ll update this post later with it. Triangles and channels support long bias too.

Thanks to Peanuts from MrMarket forum for the heads up on this one. Note that OMCL is a Parabolic Pick on the latest list at ParabolicPicks.

Chart of OMCL.gif
Chart of OMCLday.gif
OMCL1.gif

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