ONCS $$$ Re-posted from the Yahoo Finance board, I would like a opinion from someone with a strong charting background on our board to see if there is any truth in this analyst..
mensa_1963 •
Dad Said: "It's Setting Up for a Double..."
Forgot to tell you all I sent ONCS to my father to check out. He's an accountant genius,,, (don't go out to eat with him though,,,,he calculates and argues over the bill all the time and he's so cheap he holds a bic lighter to check the thermostat).
Anyway I digress.... Dad worked as an IRS expert and corporate accountant for Price Waterhouse for years but prior to that was a big trader at the Boston Stock Exchange for Morgan Stanley. He hates biotech and sticks with his banks because that's his first love but I needed his input so I sent him a link to the ONCS candlestick chart last night and wanted his input. This morning he called me and said "triple solid green candles, one with a clear bottom tail and another almost non descriptive also has a bottom tail is a VERY STRONG BUY SIGN".
I told him I still suc at reading charts so he schooled me by looking at other charts like NBG a year ago and few others to look for the candle and tail pattern and so I did. OMG! NBG went up fast. No real catalysts either, just money pouring in on value speculation which caused a pump domino effect. I looked for the same candlestick pattern a few more places and saw the same result. Always, always, always when there are two green candles with push up tails and one long solid it is followed by a significant spike the following trade day or two or three...it varied with each stock I reviewed. So, statistically speaking and from a historical review of trading patterns and bar no Obamanation snafu's on Monday, ONCS is almost 100% guaranteed to climb fast.
#34 OncoSec Medical Inc. 9,950 reads ONCS READERSHIP IS STAYING REAL STRONG, WE MAY GET SOME NEW BUYERS $$$$ ONCS
