$OMER closed up 72.03 percent on Tuesday, August 18, 2015, on 28.51 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
$OMER
- Thread starter Phill Twist
- Start date
I would not bet against it 
pretty crazy move a few days ago
pretty crazy move a few days ago$OMER Expect another haircut today. Volume already down big from yesterda,20 today.
OMER closed down 8.97 percent on Thursday, August 20, 2015, on 1.37 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.