SUMMARY
Omisego (OMG) might take the sideways price action option. Prior smaller wedge pattern allowed a near four month time exension; and likely the current pattern of an abcde triangle is being porcessed to consume even a longer serving of time. What's key is that the lower white line needs to hold as support. IF this support breaks, the downside targets can be deep low.
The closeup chart shows the projected pattern of the two remaining waves d,e. Each will be subdivided by an abc (white). The support line has held thus far but this correction could also morph into a more complex type but those scenarios won't be reviewed unless the triangle becomes invalidated.
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