OM has recently experienced a flash crash, dropping 95–97% from its all-time high, and is now sitting at a market cap of around $300M.
Despite the brutal correction, a positive sign is that the team remains active and committed to recovery efforts — a green flag in a sea of red.
From a risk-reward perspective, this presents a potentially high-upside opportunity. I’m starting to DCA (dollar-cost average) at current levels, looking for signs of accumulation and early momentum shifts.
Despite the brutal correction, a positive sign is that the team remains active and committed to recovery efforts — a green flag in a sea of red.
From a risk-reward perspective, this presents a potentially high-upside opportunity. I’m starting to DCA (dollar-cost average) at current levels, looking for signs of accumulation and early momentum shifts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.