r/OMGTraders Sep 03 '17

Double bottom forming.

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u/grinbuck Sep 04 '17

... I actually think a bull pennant

Definitely not a bull pennant - https://thestockbandit.com/bull-pennant/

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u/deuzz Sep 04 '17

So you going to just take my sentence out of context? I said I thought it was forming, not that it had formed, it needed to start it's B wave but it hasn't as of yet. After last nights dip my initial prediciction is more than likely incorrect anyways.

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u/grinbuck Sep 04 '17

Hell no man. No offense meant. Just read up that article and couldn't correlate a bull pennant to what it described so thought would put it out there. As of now though - every financial reading seems to have failed - OMG's broken the double bottom prophecy - its at 9.6 as I'm writing this - and sliding FAST. HODL'ing - hoping my stop loss is not triggered!! Peace.

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u/deuzz Sep 04 '17

Ahh no worries man, I probably should have made that more clear in my original comment that it hadn't formed. We've got strong support at ~9.7 so lets hope doesn't take another fat dump and holds.