ONCI chart has made MAJOR HIGHER LOWs in JUNE, JULY,
AUG and DEC. That's a confirmed long term UPTREND underway
Much more revealing is when you look closer at the ONCI
chart, from the Sept 22 High the chart has been
forming a REVERSE HEAD-n-SHOULDERS pattern.
the LEFT SHOULDER formed in OCT and the
LEFT side of the HEAD formed from NOV 5 to DEC 11.
Since DEC 12 the BULLISH RIGHT SIDE of the HEAD has
been forming with a target price of .015 in about 5 weeks.
A close above .0088 in the next 2 weeks will virtually
guarantee a test of .015 within 5 weeks.
After the BULLISH RIGHT SIDE of the HEAD is formed
then chart is likely to go into a consolidation phase for
about a month to form BULLISH RIGHT SHOULDER.
If all the above plays out then around MARCH 2018
the chart should be getting ready for a MAJOR BREAKOUT
of the pattern which will give us some truly exciting
upside price targets for 2018 !!!!!! We'll talk about those
in detail when we get to MARCH 2018.
AUG and DEC. That's a confirmed long term UPTREND underway
Much more revealing is when you look closer at the ONCI
chart, from the Sept 22 High the chart has been
forming a REVERSE HEAD-n-SHOULDERS pattern.
the LEFT SHOULDER formed in OCT and the
LEFT side of the HEAD formed from NOV 5 to DEC 11.
Since DEC 12 the BULLISH RIGHT SIDE of the HEAD has
been forming with a target price of .015 in about 5 weeks.
A close above .0088 in the next 2 weeks will virtually
guarantee a test of .015 within 5 weeks.
After the BULLISH RIGHT SIDE of the HEAD is formed
then chart is likely to go into a consolidation phase for
about a month to form BULLISH RIGHT SHOULDER.
If all the above plays out then around MARCH 2018
the chart should be getting ready for a MAJOR BREAKOUT
of the pattern which will give us some truly exciting
upside price targets for 2018 !!!!!! We'll talk about those
in detail when we get to MARCH 2018.
