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  4. OWC Pharmaceutical Research Corp. (OWCP) Message Board

While no one knows what will happen next, lets not

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Post# of 15624
(Total Views: 287)
Posted On: 07/24/2018 11:31:49 AM
Posted By: lodge
While no one knows what will happen next, lets not forget we traded in a range between .23 to .29 for many weeks. When the pps got close to .23 many of us would fret but then it went back up but always within the trading range with resistance around .29 . Then it happened, the stock price dropped below .20 and fell down to almost .15. It is very likely we are in a new range of support at .155 and resistance at .20/.21. And like before, some of us are going to get nervous as the pps approaches support but it is likely to bounce up to .20 and continue to trade within the new range until something significantly positive or negative occurs. It seems to me the drop from say .23 was done deliberately but, again, no one knows for sure.

The point of the aforementioned is that very little has changed, we are in a new low volume narrow trading range much like before but a little lower.


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