OWC Pharmaceutical Research Corp (OWCP)

[$UPERMAN]

Like Clay Trader said, we are moving sideways.
The channel is narrow. I don't see pps tanking from non-support.
The run past $3.00 was excitement on expectation of an event.
It ran harder than is normal, and the pullback was expected.
I wish I has a crystal ball but I don't. We have charts...



The RSI is Not Oversold at 44.50 but maybe 30 will be.
50 Day Moving Average is $1.15 and pps is $1.14 so its
possible we breach $1.00 and maybe even fill the gap.
Parabolic Sar is above $2.50 on this chart.
On good news $3.00 ish will be my target to trade my $1.10's
with a possible reentry again around $2.50 ish.
For now that's kinda my plan based on a few charts ive seen.

Remember though, all this could change in an instant up or down.
NEWS TRUMPS ALL. Plus we deal in emotion. I don't, but... hey gotta be real about longs. lol


QUESTION: If we don't trade High, are we still strong allowing
the cheaper shares to come into new hands instead of buying them
with the money we made trading high?