OMDA Oil and Gas, Inc. (OOAG)

[lowtrade]

justastock

Your darn right. 23 million EOD volume up 4% on the second up day, with .0005 spread. That's major one day accumulation.

IMO traders which held shares lower were taking profits at new highs as PPs approched resistance and MMs were accumulation for profit sales on the next move up!

Tommorrow will be interesting. Several things could happen. It all depends on where the MMs stand with their inventory and if they want more shares or more profits now.

The next factor would be traders that still hold shares low, and there are could be plenty of them left. They also see the resistance point and could decide to dump on a retrace created by MMs trying to accumulate more and todays profit takers trying to re-enter.

The past 2 months the MMs have let it run, in an up trend, selling what they accumulated over the previous 4 months, down trend. Today showed me they are becoming pro-active. So IMO we reach resistance if they are out of shares, or break resistance, if they have enough.

The game is on! Should know what's up during rush hour tommorrow morning! LOL