Japaul In Sideways Correction - EW Nation

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Omatek is a classic case of price rebound in the face of deep financial distress:

Japaul In Sideways Correction

Updated: 7/23/2025 12:55 AM

Bottom Line: Lower to complete a zigzag in wave a of 4

(Last Price 1.44): With key level around the 1.2 region (wave 4), we expect a zigzag to unfold to complete wave 4, setting the stage for a wave 5 completion.

(Last Price 52.05): We have an alternative to this count which will see further weakness in Oando down to 28.4 regions for wave 2.

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