G'day,
After failing to trade through 5.20 last week OMI should trade down again today to close at approx $4.55 . That is right on its strong support line.
From there we should see abounce back to $5 and depending on annuncements coming up to AGM on Monday break out of its huge flag by the end of the week.
It will only take a few days to finish this flag. A positive break will take us to new highs.
Lets see.
OMI - Thoughts
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 (20min delay)
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $5.580M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $13.24K | 3.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53838 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8751279 | 13 |
View Market Depth
| Last trade - 14.07pm 29/07/2024 (20 minute delay) ? |
| OVT (ASX) Chart |