#TradeAlert : $OM
After a rather complex consolidation, it finally started its expected sharp upward rally. Whether this rally will continue or not depends on whether the support levels of $0.4563, $0.4389 or $0.4221 work. We should not see the $0.3944 level now. If we do, it will be a sign of deeper corrections that will continue to $0.1903.
Therefore, you can make a partial entry from the levels of $0.4563, $0.4389 or $0.4221 and place a stop loss at $0.3944. I leave the take profit level to your imagination, but I recommend at least 1:3 RRR.
Despite everything, I believe $OM remains cheap.
Good luck!
