$OMNI Recovery Attempts - Can the Bulls Reclaim $5?
The OMNI index has broken the downward trend that lasted for several months and reversed its key short-term moving averages.
The stock price is trying to build momentum above the range of $2.95-$3.00, but the 200-day moving average at $3.91 remains the next major obstacle.
🎯 Targets:
Target 1: $3.50
Target 2: $4.00
Target 3: $4.50
The first signs of a trend reversal have been observed after months of capitulation.
A daily close above $4.00 could accelerate buying.
Short-term pullbacks are normal - the structure remains intact unless the price drops below $2.00.
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