OncoSec Medical Inc (ONCSQ)

[Citrati]

Sal....here is a chart showing the congestion of lines with bb's. Note the bb mid line acts as the 20 day. http://stockcharts.com/h-sc/ui?s=ONCS&p=D&b=5&g=0&id=p98253604735

While I am in agreement that congestion creates big movement, the factors of greatest significance are 1. we do not get a 14-50 down cross. 2. the bottom bb band must remain flat or turn up 3. we need a 14-20 upcross 4. continue to close above the 50 day 5. The congestion needs to stack 14 above 20 and both of those above 50 day and all angle up.
All taken together and the likelihood of a strong up move will be extremely high. Also note that the adx black line has not finished (in fact negative today) the trend change to up nor has a green up cross of the red occurred. Also negative is the rsi is still making lower highs.

Conclusion....lots of great potential, not yet confirmed. Also a negative that on a strong market and IBB day ONCS didn't show more strength..

These are ST opinions as LT everything is bright and so far looking highly rewarding. Good luck to all of us holders.

PPS....right now the 20 day (midline) is resistance.