Chart is projecting a STRONG UP move either this w
Post# of 40991
(Total Views: 257)
Posted On: 01/05/2019 12:11:45 PM
Chart is projecting a STRONG UP move either this week ahead Jan 7-11 or the following week Jan 14-18 or BOTH !!
We've been noting for many weeks ONCI chart is RHYMING out
a TWICE the TIMEFRAME pattern compared to the original
pattern from OCT 2016 to JULY 2017. From the 3 Green weeks
of OCT 2018 compared to the 3 Green weeks of JUNE 2017
we noted ONCI had 8 weeks of consolidation to go to match
in TWICE the timeframe the 4 weeks of consolidation after
the 3 Green weeks of JUNE 2017.
Those 8 weeks are complete as of today meaning we r ready
for a BLASTOFF WEEK Jan 7-11 compared to the BLASTOFF
week of last week of JULY 2017 !!
However since we already had a BLASTOFF week 3 weeks
ago its also possible ONCI is RHYMING to the pattern of
3 weeks into the BULL RUN of AUG-SEPT 2017 which back
then means we may have one more week of consolidation
before ONCI rhymes with a BIG UP MOVE in the week Jan 14-18 matching the last week of AUG 2017 !!
Or as noted above "BOTH" weeks may turn out to be BIG UP
WEEKS.
Furthermore we can say that whenever ONCI has a weekly
close of 36+ it will have formed a classic Cup-n-Handle/
Reverse Head-n-Shoulders chart pattern and will be ready to break
above the 36 weekly high of April 2018 which then gives the
stock a projected short term tgt in the range of .0062-.01 !!
In other words once we see a weekly close of 36+ then we
will have confirmation ONCI is likely ready to repeat the move made
in SEPT 2017 which took ONCI all the way to .019+ in 4 short
weeks. This time around since ONCI has been rhyming to a
TWICE the timeframe pattern its more likely it will take 8 weeks
to get to .019+ once we see the weekly close of 36+.
The BONUS this time around is since ONCI started its BLASTOFF
week in DEC 3 weeks prior to the rhyming pattern, as long as we
get the 36+ weekly close in the next 2 weeks, then the chart
is projecting an EXTENSION of 3 weeks beyond the 8 weeks that takes ONCI into the .02+ land even as high as .03 before ONCI makes a MAJOR TOP and rests for awhile. Of course a lot will depend on what CATALYST NEWS comes out in that timeframe
to reach that tgt.
As each week goes by from here we will assess if ONCI is
ON TGT or OFF TGT to these current Chart projections.
We've been noting for many weeks ONCI chart is RHYMING out
a TWICE the TIMEFRAME pattern compared to the original
pattern from OCT 2016 to JULY 2017. From the 3 Green weeks
of OCT 2018 compared to the 3 Green weeks of JUNE 2017
we noted ONCI had 8 weeks of consolidation to go to match
in TWICE the timeframe the 4 weeks of consolidation after
the 3 Green weeks of JUNE 2017.
Those 8 weeks are complete as of today meaning we r ready
for a BLASTOFF WEEK Jan 7-11 compared to the BLASTOFF
week of last week of JULY 2017 !!
However since we already had a BLASTOFF week 3 weeks
ago its also possible ONCI is RHYMING to the pattern of
3 weeks into the BULL RUN of AUG-SEPT 2017 which back
then means we may have one more week of consolidation
before ONCI rhymes with a BIG UP MOVE in the week Jan 14-18 matching the last week of AUG 2017 !!
Or as noted above "BOTH" weeks may turn out to be BIG UP
WEEKS.
Furthermore we can say that whenever ONCI has a weekly
close of 36+ it will have formed a classic Cup-n-Handle/
Reverse Head-n-Shoulders chart pattern and will be ready to break
above the 36 weekly high of April 2018 which then gives the
stock a projected short term tgt in the range of .0062-.01 !!
In other words once we see a weekly close of 36+ then we
will have confirmation ONCI is likely ready to repeat the move made
in SEPT 2017 which took ONCI all the way to .019+ in 4 short
weeks. This time around since ONCI has been rhyming to a
TWICE the timeframe pattern its more likely it will take 8 weeks
to get to .019+ once we see the weekly close of 36+.
The BONUS this time around is since ONCI started its BLASTOFF
week in DEC 3 weeks prior to the rhyming pattern, as long as we
get the 36+ weekly close in the next 2 weeks, then the chart
is projecting an EXTENSION of 3 weeks beyond the 8 weeks that takes ONCI into the .02+ land even as high as .03 before ONCI makes a MAJOR TOP and rests for awhile. Of course a lot will depend on what CATALYST NEWS comes out in that timeframe
to reach that tgt.
As each week goes by from here we will assess if ONCI is
ON TGT or OFF TGT to these current Chart projections.
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