OncoSec Medical Inc (ONCSQ)

[123tom]

@furbush....I agree with both things you said.... this is a complex and tricky technical price zone....for those reasons. oversold at 36, getting back to where it belongs, but now, at Resistance, waiting to get shorted by the attackers.... see how far down it can go this time...I do think 48 is the place where it "should hold" but thats why I expect the next 'oversell' will take it to test 43 ,maybe.... something like that.
Selling any here at 56 would be a bit of a gamble,hoping to buy back at 43,46...maybe it will continue to 76 instead.... its tricky. but the wave pattern is saying this has been a decent rally recovery from 36 to the next topping zone here....a 50% pullback comes back into the 43-46 wheelhouse , to reset itself and set up the next big rally. I like the way the chart looks in this way, IF there is good fundamental news waiting in this season cycle pattern. it would suggest buying the next pullback ,and the chart is showing that 43 zone. 46 zone.
I am not looking to trim too much here, maybe 20%, but also because I own alot, and need to sell some, reposition, etc.