Options Media Group Holdings, Inc. (OPMG)

[trader53]

My Forecast for today, Friday, July, 23rd

OPMG currently at 0.018c close on Thursday July 22nd.



The "short-covering" will begin in ernest, now that support of 0.022c has been broken to the downside, and the price per share has fallen below the support by an oversold percentage,
big enough, basically an "overshoot". I like to buy on overshoots, because that's when you typically see the shorts get scared and start buying to cover their short positions.

I suspect that we will see some news announcement soon over the next several days, either in the form of a PR by the company, or a blog from "Joe Noel".

http://www.joenoelstocks.com/category/stocks-covered/options-media-group-holdings-opmg/

http://stockcharts.com/h-sc/ui?s=OPMG&p=D&yr=0&mn=3&dy=0&id=p48636199571