OM shot up +32%, and the volume exploded to 268M, but man... the RSI is at 95, Stoch almost 100, and everything is screaming "overbought too much".
Seriously, the chart looks like it turned into a rocket without fuel, and it's starting to tumble. MACD is still positive, but I’m beginning to see shadows at the top and candles are already losing strength. It may have just been an exhaustion candle post-dump.
Here I only enter if it corrects. Not now.
Very high in a short time = very risky.