stochastics r @ extreme oversold and the recent tr
Post# of 40989
(Total Views: 276)
Posted On: 01/13/2018 10:46:31 AM
stochastics r @ extreme oversold and the recent trading
action of DEC-JAN is a very similar daily pattern
of how the stock traded in OCT-NOV last year.
Count from the OCT 5 'spike' up day where the stock
rallied from .009 to .014+ its then 19 trading days to
the end of OCT where the stock rallied 50% 1st week
of NOV.
By comparison Count from the DEC 'spike' up high on
DEC 14 @ .008+ its then 19 trading days to where we
are now !
This suggests a RALLY is imminent ONCI will test the
DEC high of about .008 in the coming days.
Also have the bullish advantage that ONCI is far stronger
fundamentally today than when it traded at higher prices
in OCT-NOV with MANY MORE CONTRACTS signed adding
100+ sales agents and much closer to record Q/K FINS reports.
action of DEC-JAN is a very similar daily pattern
of how the stock traded in OCT-NOV last year.
Count from the OCT 5 'spike' up day where the stock
rallied from .009 to .014+ its then 19 trading days to
the end of OCT where the stock rallied 50% 1st week
of NOV.
By comparison Count from the DEC 'spike' up high on
DEC 14 @ .008+ its then 19 trading days to where we
are now !
This suggests a RALLY is imminent ONCI will test the
DEC high of about .008 in the coming days.
Also have the bullish advantage that ONCI is far stronger
fundamentally today than when it traded at higher prices
in OCT-NOV with MANY MORE CONTRACTS signed adding
100+ sales agents and much closer to record Q/K FINS reports.
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