Omeros Corp

OMER is exhibiting a bull exhaustion inflection typical of a Stage 3 distribution, with price flattening off recent highs and pulling back into the 9EMA/20EMA zone. The medium-term bias is bearish due to weakening momentum and overbought exhaustion, and short-term timing has turned bearish, supporting an immediate sell into the resistance offered by the EMAs.

• ↑Q2 revenue $28.5M beat estimates; net income $13.2M vs loss forecast
• ↑YARTEMLEA net sales $28.5M, 190% QoQ growth indicating strong adoption
• ↓Negative earnings yield and poor book-to-price raise valuation concerns