On4 Communications Inc (ONCI)

[INSTATRADER]

A pretty red color on a volume tracker does NOT mean "big time" selling pressure...

Unless you think BUYS outweighing SELLS 2X1 is "big time selling" pressure. More like "big time flipping and rebuying pressure"

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134110851

What's with the word "dilution" you wrote there. Is there a converting note or conversion you are aware of here? Anything that's not involved in the CURRENT debt negotiations in prep for DOMICILE move?

What you wrote there looks more like an opinion in both cases but please show me evidence to the contrary that's not an opinion.

I'm as open minded as the next guy.

Also, there is just a single tick gap at .0023.

Its hard for me to believe that after over 1B shares traded above .003, and RSI has completely RESET, that a single tick gap 30% below where we closed yesterday needs filling at this time. The RSI is now 59.

https://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=19020&i=ONCI&pv=stock-chart&puv=100579

IMO reversals down usually come on lower volume than runners up, and on about 1/3rd of that volume. 1B shares traded above the gap means we need at least 333M to get back down there to fill.

On our BEST days we got 180M and ofcourse that was a NEWS day, there is too much on the positive side still to come news wise for the volume to drop to 1/3rd of what it's been. In fact I think our bigger volume days are ahead of us next week.