OMI came up on my scan for stocks recently at an ATH that have bounced up from over-sold (OSB). OMI must hold Wednesday’s low of 40.69. Note green and black dot signals. OMI had a large volume up move during the last hour on Wednesday. I will discuss this scan during my presentation at the SMT on Friday evening. You may register for this free presentation here. Live meetings are free. To receive meeting recordings one must pay the small annual fee.
Hourly chart shows volume spike at close.
