OMC, Earnings

Omnicom, announced earnings on Wednesday, link here.

Market response was to launch from a spring set-up, straight into an up-thrust.

From lower blue line support, into upper blue line, resistance.

Note the increase in volume while range narrows.

Price action’s laboring higher, at resistance, as volume increases significantly (not advice, not a recommendation).

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279