Here is a very busy chart of Elliott Waves and Chart Pattern. The Head and Shoulders Bullish Bottom is marked with the Left Shoulder (LS), Head (H) and the Right Shoulder (RS). Prices surged above the Neck Line (green horizontal) and is doing a brief correction before resuming to the minimum target of $15.97; we all have seen how this pattern easily exceeds the minimum!
Waves 1,2 and 3 (white) are complete and wave 4 is next and once complete, wave 5 will take OMG to newer highs.
For new readers and folowers, here is a didactic link explaining the Head and Shoulders Pattern:
http://www.investopedia.com/terms/h/head-shoulders.asp
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.