OMG is likely to form a Broadening Rising Wedge pattern, which is a typical pattern of some uptrends. If it doesn't lose the $4.5 zone, it will move up to the $6 zone, which is a very strong resistance that could cause OMG to correct strongly before continuing to move up to the $7 and $8 zones. However, if OMG loses the $4.5 zone, this setup will be wrong and it will fall to the $3.8 or even $3.2 zone.
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 4.5$ zone
ðīBuy : 4.5
ðīSell : 5.2 - 6 - 7 - 8
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 4.5$ zone
ðĩSell : 4.5
ðĩBuy : 3.8 - 3.2
âDetails
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section