That’s a solid momentum play shaping up for $OM. The sharp move up from $0.6152 to over $0.71 with increasing volume is a classic signal of renewed accumulation. If it holds above the $0.70–$0.72 range with continued volume pressure, we could see a breakout attempt sooner than later.
The $1.25 level you mentioned is key—if that gets cleared with conviction, especially on a daily close, it opens the door for a fast move toward the psychological and technical zone around $4.00. Watch for any consolidation flags or bull pennants forming over the next couple of sessions—those could offer great entry points before the next leg up.
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