$OMNI

#Target stop loss for Omni trading at $2.063, consider the following strategies ¹ ² ³:

- *Percentage-Based Stop Loss*: Set a stop loss at a specified percentage of the stock price. For example, a 5% stop loss would be $1.959, and a 10% stop loss would be $1.856.

- *Moving Average Stop Loss*: Place a stop loss just below a short-term moving average, such as the 10-day or 20-day MA.

- *Average True Range (ATR) Stop Loss*: Calculate the ATR and set a stop loss at 1-2 times the ATR below the entry price. For instance, if the ATR is $0.10, a 1x ATR stop loss would be $1.963, and a 2x ATR stop loss would be $1.863.

- *Volatility Stop Loss*: Set a stop loss based on the security's volatility, using indicators like Bollinger Bands or ATR ⁴.

Using the stop loss calculator formula: Stop Loss Price = Entry Price - (Entry Price * (Risk Percentage / 100)), a 5% stop loss would be $1.959 ³.